Simon Companys year-end balance sheets follow.

(2-a) Compute accounts receivable turnover. (2-b) For each ratio, determine if it improved or worsened in the current year

3-a) Compute inventory turnover. (3-b) For each ratio, determine if it improved or worsened in the current year.

(4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if it improved or worsened in the current year.

(4-a) Compute days' sales in inventory. (4-6) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required 4A Required 4B For each ratio, determine if it improved or worsened in the current year. Days' sales in inventory Required 4A Required 4B > (3-a) Compute inventory turnover. (3-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. Required 3A Required 3B Compute inventory turnover. Inventory Turnover 1 Choose Denominator: Choose Numerator: = Inventory Turnover Inventory turnover Current Yr: 0 times 0 times 1 Yr Ago: Required 3A Required 3B > (2-a) Compute accounts receivable turnover. (2-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. Required 2A Required 2B Compute accounts receivable turnover. Accounts Receivable Turnover Accounts Receivable Turnover Accounts receivable turnover Choose Numerator: Net sales $ | $ 1 Choose Denominator: Accounts receivable, net 555,9071 438,680 / Current Yr: 0 times 0 times 1 Yr Ago: Current Yr 1 Yr Ago 2 Yrs Ago 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 liabilities and equity $ 24,473 90,000 115,000 7,881 190,267 $427,621 $ 28,606 $ 30,413 62,700 51,800 82,500 50,000 3,379 187,324 181,108 $ 368,639 $ 316,700 $ 103,283 $ 60,431 $ 40,550 77,981 162,500 83,857 $427,621 82,243 67,891 162,500 162,500 63,465 45,759 $ 368,639 $ 316,700 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $ 555,907 $ 339,103 172,331 9,450 7,227 528, 111 $ 27,796 1 Yr Ago $ 438,680 $ 285,142 110,986 10,090 6,580 412,798 $ 25,882 $ 1.71 $ 1.59