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SImon Company's year - end balance sheets follow. The company s Income statements for the current year and one year ago follow. Assume that all
SImon Company's yearend balance sheets follow.
The companys Income statements for the current year and one year ago follow. Assume that all sales are on
credit:
a Compute days' sales uncollected.
b For each ratio, determine If It Improved or worsened in the current year.
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Compute days' sales uncollected.
Days' Sales Uncollected
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