Schedule A Med Profile Achent le Center > amework Saved Help Save & Exit Submit Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2. Yes $36,221 62, SINO 83,000 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tere notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 30,987 89, 300 111,000 9,979 283,936 $ 525,202 9.508 $27.95 51,700 58,000 4,150 226,007 $ 377,300 261 531 $ 452,760 $ 130,775 98,738 162,50 133 189 $ 525,202 $ 76,516 104,135 162,500 109,609 $ 452,760 5 49,504 83,38 162,50 81,613 $ 377.300 The company's income statements for the current vear and one vear ago follow. Assume that all sedes SN of 7 Next x @ https://ezto.mheducation.com/et/map/indexhtml?con conexternal browser:08. A Email Pro A Covid Screening A Comm log A Soled notes A Demographics A Schedule A Med Prof Acient Center > mer 17 Homework Seved Help Save & E The company's income statements for the current year and one year ago follow. Assume that all sales are on credit: Sunt 7 1 Year $ 3,754 For Year Ended December 31 Sales Cast of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Year 5682,763 416,485 211,657 11,607 3.876 613,625 $ 34,130 5.2.10 $350,210 136,112 12,392 3,082 4 of 4 $31.7 $ 1.16 Earnings per share PA (4-a) Compute days' sales in inventory. (4.b) For each ratio, determine if it improved or worsened in the current year, 7 Next - Chapter 17 Home X Expert OSA x+ https://exto.meducation.com/ext/map/indexhtml?conscandal browser Emal Pro A Covid Screening A Commtos A Salted notes A Demographics A Sched A Med Proti At Me cer 17 Homework Saved Help Save & Exit Submit 20 Required information 7 Complete this question by entering your answers in the tabs below. Required 4A Required 40 of 4 Compute days' sales in inventory. Day' Sales In Inventory Denominator Numerator 1 Days Daya Sales In Inventory Days' sales in inventory days days Current Year: 1 Year Ago: x 1 on contexternal_browserAs A Cavid Screening A Commog A Stilled notes A Demographics A Schedule A Med Profile A Cient lenger e Ema " > apter 17 Homework Saved Help Save & Ext Submit Required information 7 Complete this question by entering your answers in the tabs below. Required 4A Required nt 4 of 4 For each ratio, determine if it improved or worsened in the current year Days sales in inventory Paint