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Simon Companys year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 35,784 $ 41,410 $ 41,854 Accounts receivable, net 103,714 73,200

Simon Companys year-end balance sheets follow.

At December 31 2017 2016 2015
Assets
Cash $ 35,784 $ 41,410 $ 41,854
Accounts receivable, net 103,714 73,200 57,514
Merchandise inventory 131,705 98,663 61,871
Prepaid expenses 11,178 10,870 4,650
Plant assets, net

324,133

298,714 265,511
Total assets $ 606,514 $ 522,857 $ 431,400
Liabilities and Equity
Accounts payable $ 148,002 $ 86,596 $ 55,236
Long-term notes payable secured by mortgages on plant assets 111,744 120,257 93,433
Common stock, $10 par value 162,500 162,500 162,500
Retained earnings 184,268 153,504 120,231
Total liabilities and equity $ 606,514 $ 522,857 $ 431,400

The companys income statements for the years ended December 31, 2017 and 2016, follow.

For Year Ended December 31 2017 2016
Sales $ 788,468 $ 622,200
Cost of goods sold $ 480,965 $ 404,430
Other operating expenses 244,425 157,417
Interest expense 13,404 14,311
Income taxes 10,250 9,333
Total costs and expenses 749,044 585,491
Net income $ 39,424 $ 36,709
Earnings per share $ 2.43 $ 2.26

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(1) Compute days' sales uncollected. Days' Sales Uncollected Choose Numerator: Choose Denominator: X Days Days' Sales Uncollected X 2017: X Days' Sales Uncollected 0 days 0 days 2016: X (2) Compute accounts receivable turnover. Accounts Receivable Turnover 1 Choose Denominator: Choose Numerator: Accounts Receivable Turnover Accounts receivable turnover times 2017: 2016: times (3) Compute inventory turnover. Inventory Turnover 1 Choose Denominator: Choose Numerator: = Inventory Turnover Inventory turnover times 2017: 2016: times (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: 1 Choose Denominator: x Days Days Sales In Inventory | Days' sales in inventory 2017: 0 days 0 days 2016

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