Simon Companys year-end balance sheets follow.

	At December 31			2015			2014			2013
	Assets
	Cash		$	31,800		$	35,625		$	37,800
	Accounts receivable, net			89,500			62,500			50,200
	Merchandise inventory			112,500			82,500			54,000
	Prepaid expenses			10,700			9,375			5,000
	Plant assets, net			278,500			255,000			230,500
	Total assets		$	523,000		$	445,000		$	377,500
	Liabilities and Equity
	Accounts payable		$	129,900		$	75,250		$	51,250
	Long-term notes payable secured by mortgages on plant assets			98,500			101,500			83,500
	Common stock, $10 par value			163,500			163,500			163,500
	Retained earnings			131,100			104,750			79,250
	Total liabilities and equity		$	523,000		$	445,000		$	377,500

The companys income statements for the years ended December 31, 2015 and 2014, follow. Assume that all sales are on credit:

For Year Ended December 31	2015						2014
Sales				$	673,500					$	532,000
Cost of goods sold	$	411,225					$	345,500
Other operating expenses		209,550						134,980
Interest expense		12,100						13,300
Income taxes		9,525						8,845
Total costs and expenses					642,400						502,625
Net income				$	31,100					$	29,375
Earnings per share				$	1.90					$	1.80

(2)	Compute accounts receivable turnover.

(3)	Compute inventory turnover.

(4)	Compute days' sales in inventory.

Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 2015 2014 2013 $ 31,800 $. 35,625 $ 3 800 89,500 62,500 50,200 112,500 82,500 9,375 278,500 255,000 54,000 5,000 230,500 10,700 Total assets $523,000 $445,000 $377,500 Liabilities and Equity Accounts payable Long-term notes payable secured by $129.900 $. 75.250 $ 51.250 mortgages on plant assets Common stock, $10 par value Retained earnings 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104,750 79.250 Total liabilities and equity $523,000 $445,000 $377,500 The company's income statements for the years ended December 31, 2015 and 2014, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes 2015 2014 $673,500 $532,000 $411,225 209,550 12,100 9,525 $345,500 134,980 13.300 8,845 642.400 $31,100 $1.90 502,625 $ 29,375 $1.80 Total costs and expenses Net income Earnings per share