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Simon Company's year - end balance sheets follow. The company income statements for the current year and one year ago follow. Assume that all sales

Simon Company's year-end balance sheets follow.
The company 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.
Complete this question by entering your answers in the tabs below.
Requined 4 A
Reguired 48
Compute days" sales in inventory.
\table[[Days' Sales In Inventorx],[,Numerator:,1,Denominstor:,x,Days,=,Daysisales,In inventory],[,Ending imentary,1,Eust of goods sold,(x),,(7),Deys'sales,Aimentory],[Current Year:,I,1,,x,,=,10,days],[1 Year Ago:,1,1,1,x,,=,,dare]]
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