Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable $ 34,323 Current Year 1 Year Ago 2 Years Ago $ 29,043 89,900 111,500 9,353 242,808 $ 33,949 62,900 84,500 8,912 225,777 $ 482,604 $ 416,038 $ 122,572 Long-term notes payable Common stock, $10 par value Retained earnings $ 71,717 97,603 162,500 84,218 Total liabilities and equity 92,544 162,500 104,988 $ 482,604 $ 416,038 50,800 52,000 3,814 198,963 $ 339,900 $ 45,764 76,620 162,500 55,016 $ 339,900 The company's income statements for the current year and one 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 Year $ 627,385 $ 382,705 194,489 10,666 8,156 1 Year Ago $ 495,085 $ 31,369 $ 1.93 $ 321,805 125,257 11,387 7,426 465,875 $ 29,210 $ 1.80 596,016 (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. (1-a) Compute days' sales uncollected. (1-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 1A Required 1B Compute days' sales uncollected. Current Yr: 1 Yr Ago: Days' Sales Uncollected Numerator: Denominator: * Days = Days' Sales Uncollected = Days' sales uncollected 1 = days 1 = days