Safari File Edit View Speech Google Chrome age000000.jp History Bookmarks Window Help W Chapter 13 - Homework Favor 5 Sign In 64% Thu 11:19 AM ezto.mheducation.com Question 5 - Chapter 13 - Homework - Connect how to take screenshot of mac - Google Search Saved Help Save & Exit Submit Check my work Part 1 of 4 Required information [The following Information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2 Years Ago $ 31,621 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Plant assets, net Prepaid expenses 1.25 points Skipped Total assets Liabilities and Equity Accounts payable $ 26,232 89,600 112,500 8,447 207,826 $ 444,605 $ 110,707 Long-term notes payable Print Common stock, $10 par value Retained earnings References Total liabilities and equity 83,586 162,500 87,812 $ 444,605 $ 30,662 62,900 82,500 8,049 199,169 $ 383,280 $ 64,774 88,154 162,500 67,852 $ 383,280 51,700 59,000 3,513 173,566 $ 319,400 $ 42,161 70,587 162,500 44,152 $ 319,400 The company's income statements for the current year and one year ago follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 577,987 $ 352,572 179,176 9,826 7,514 549,088 $ 28,899 $ 1.78 1 Year Ago $ 456,103 $ 296,467 115,394 10,490 6,842 429,193 $ 26,910 $ 1.66 Mc Graw Hill (1-a) Compute days' sales uncollected. < Prev 5 6 7 8 of 8 Next > W 2 2