Required information The following information applies to the questions displayed below) Simon Company's year end balance sheets follow, At December 31 Current T1 TERMO Assets Cash $ 33,139 $ 38,736 39.967 Accounts receivable, net 89.500 62.600 51.100 Merchandise Laventory 112,500 64.000 57.000 Prepaid expenses 10.673 10,168 4.639 plant assets. Bet 316.061 280,696 251,014 Total area $561.672 484,200 $ 403,500 Liabilities and Equity Accounts payable $139,856 81,00 $ 53,262 Long-term not payable secured by mortgages on plant annet 105,596 111,346 ey, 170 Common stock, $10 par value 162,500 162,500 162,500 Retained ning 159,722 128.504 0,56 Total liabilities and equity 5561.672 $ 484,200 3403,500 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: 5 576,199 Tor Year traded Dec 31 sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net Income Earning per share Current Te $ 730,178 $445,406 226,354 12,433 9.492 693,665 $36,509 1 374,525 145,778 13.253 3.60 563.203 $33.395 $ 2.25 52.05 (1-a) Compute days' sales uncollected (3-6) For each ratio, determine if it improved or worsened in the current year, Complete this question by entering your answers in the tabs below. Required 1A Required 15 Computer days' sales uncollected. Days Sales Uncollected 1. Choose Denominator Choose Numerator: * Daya Daya Sales Lincollected * Days' Sales Uncollected > ol day oldes Current Y 1 Yr Ago Required 18 )