Saved Help Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, 518 par value Retained earnings Total liabilities and equity $ 28, 163 89,600 114, eee 9,869 227, 147 $ 467,979 $ 32,9285 33,283 62,400 5e, 90e 83,5ee 59, see 8,641 3,698 215,969 182,719 $ 483,438 $ 329,600 $ 118,857 $ 69,543 5 44,377 89,748 162, see 96.882 $ 467.979 94,645 74,298 162, see 162, See 76,742 48.425 5 403,438 $ 329,6ee The company's income statements for the Current Year and 1 Year Ago follow. Assume that all sales are on cr For Year Ended December 31 Current VE 1 yr Ago Not hear the more search Question 4. Chapt. Loading Microsoft Microsoft Team o Total liabilities and equity The company's income statements for the Current Year and 1 Year Ago follow. Assume that all sales are on 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 Yr $ 608,373 $ 371,108 188,596 10,342 7.909 577,955 $ 30,418 $ 1.87 1 Yr Ago $ 480,082 $ 312,053 121, 461 11,042 7,201 451,757 $ 28,325 $ 1.74 Compute days' sales in inventory. 1 Days' Sales In Inventory Choose Denominator: Cost of goods sold Choose Numerator: Ending inventory k Days 365 X Days' Sales In Inventory Days' sales in inventory 0 days 0 days Current Yr: 1 Yr Ago: 1 7 xx Required 4 Required 4B >