Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago (3-a) Compute inventory tumover (3-b) For each ratio, determine if it improved or worsened in the current year. Comnlefe this auestion hv onterinn vour ancwers in the tahs helow Complete this question by entering your answers in the tabs below. Compute inventory turnover