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 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 28,443 89,100 112,500 9,160 238,107 $ 33,247 62,700 83,500 8,727 223,300 $ 477,310 $ 411,474 $ 120,039 $ 70,234 90,632 162,500 104,139 95,585 162,500 83,155 $ 477,310 $ 411,474 $ 33,947 50,000 60,000 3,772 191,781 $ 339,500 $ 45,262 75,788 162,500 55,958 $ 339,500 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 123,882 11,262 7,345 Current Year $ 620,503 1 Year Ago $489,654 $ 378,507 $ 318,275 192,356 10,549 8,067 589,479 $31,024 $ 1.91 460,764 $ 28,890 $ 1.78 (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. (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.