Simon Companys year-end balance sheets follow.

At December 31	2017			2016			2015
Assets
Cash	$	29,702		$	34,719		$	36,166
Accounts receivable, net		89,500			62,300			50,800
Merchandise inventory		113,500			83,000			57,000
Prepaid expenses		9,565			9,114			4,018
Plant assets, net		266,245			249,239			221,016
Total assets	$	508,512		$	438,372		$	369,000
Liabilities and Equity
Accounts payable	$	125,353		$	73,344		$	48,221
Long-term notes payable secured by mortgages on plant assets		94,644			99,817			80,734
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		126,015			102,711			77,545
Total liabilities and equity	$	508,512		$	438,372		$	369,000

The companys income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit:

For Year Ended December 31	2017						2016
Sales				$	661,066					$	521,663
Cost of goods sold	$	403,250					$	339,081
Other operating expenses		204,930						131,981
Interest expense		11,238						11,998
Income taxes		8,594						7,825
Total costs and expenses					628,012						490,885
Net income				$	33,054					$	30,778
Earnings per share				$	2.03					$	1.89

(1) Compute days' sales uncollected. Days' Sales Uncollected Choose Numerator: X Days' Sales Uncollected x x Days 365 = = X Accounts receivable 2017: $ 2016: $ Choose Denominator: I Net sales 89,5001 62,300 Days' Sales Uncollected 0 days 0 days X X (2) Compute accounts receivable turnover. Accounts Receivable Turnover 1 Choose Denominator: Choose Numerator: Accounts Receivable Turnover Accounts receivable turnover 2017: times 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: Days Days' Sales In Inventory Days' sales in inventory days days 2017: 2016