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Simon Company's year - end balance sheets follow. table [ [ At December 3 1 , Current Year, 1 , Year Ago, 2 Years

Simon Company's year-end balance sheets follow.
\table[[At December 31,Current Year,1,Year Ago,2 Years Ago],[Assets,,,,],[Cash,$28,569,$33,394,$35,141,],[Accounts receivable, net,89,500,62,600,50,500,],[Merchandise inventory,110,500,83,500,58,000,],[Prepaid expenses,9,200,8,766,3,905,],[Plant assets, net,256,330,237,687,214,654,],[Total assets,$494,099,$425,947,$362,200,],[Liabilities and Equity,,,,],[Accounts payable,$120,570,$70,545,$46,854,],[Long-term notes payable,91,033,96,008,78,445,],[Common stock, $10 par value,162,500,162,500,162,500,],[Retained earnings,119,996,96,894,74,401,],[Total liabilities and equity,$494,099,$425,947,$362,200,]]
The company s income statements for the current year and one year ago follow. Assume that all sales are on credit:
(4-a) Compute days' sales in inventory.
(4-b) For each ratio, determine if it improved or worsened in the current year.
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