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Required information The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The compary's income statements for the: Current Year

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Required information The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The compary's income statements for the: Current Year and 1 Year Ago, follow. Assume that all sales (3-a) Compute inventory turnover, (3-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute inventory tumover. (3-a) Compute inventory turnover. (3-b) For each ratio, determine if it improved or worsened in the current year: Complete this question by entering your answers in the tabs below. For each ratio, determine if it improved or worsened in the current year. Required information [The following information applies to the questions displayed beiow] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sal (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute days sales in inventory. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. For each ratio, determine if it improved or worsened in the current year

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