Simon Company's year-end balance sheets follow. 2017 2016 2015 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. $10 par value Retained earnings Total abilities and equity $ 25,090 $ 29,328 $ 89.300 62.800 114,500 83.000 8.080 7699 196.970 191259 $ 433.940 $ 374,086 $ 30,862 50.800 56.000 3,429 177,009 318,100 $ 105,890 $ 61.956 $ 41.149 799498431968 894 162.500 162.500 162 500 85.601 65 311 45.557 433.940 $ 374.086 5 318100 $ The company's income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit: 445,162 $ For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses 2017 $ 564.122 344 114 174 879 9.590 7334 535,916 $ 28,206 2016 $ $ 289.355 112626 10.239 6,677 418 897 26.265 Net income $ Earnings per share $ 174 4. Award: 1.00 point (1) Compute days' sales uncollected. Days' Sales Uncollected 1 Choose Denominator: Choose Numerator: * Days - Days' Sales Uncollected Days' Sales Uncollected days 2017: 2016: (3) Compute inventory turnover. Inventory Turnover 1 Choose Denominator: Choose Numerator: Inventory Turnover Inventory turnover times 2017: 2016: times (4) Compute days' sales in inventory. Days' Sales In Inventory Choose Numerator: Choose Denominator: X Days - Days' Sales In Inventory Days' sales in inventory days days