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 $ 28,528 79,407 104,986 8,914 256,897 $ 478,732 $ 116,820 88,202 $ 33,676 $ 33,717 56,622 78,640 8,407 235,355 $ 412,700 $ 71,141 94,921 163,500 83,138 162,500 111,210 $ 478,732 $ 412,700 For both the current year and one year ago, compute the following ratios: 44,516 45,991 3,673 206,003 $ 333,900 $ 44,956 75,268 163,500 50,126 $ 333,900 The company's income statements for the current year and one year ago follow. Assume that all sales are on 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 $ 622,352 $ 379,635 192,929 10,580 8,091 591,235 $ 31,117 $ 1.91 1 Year Ago $ 491,113 $ 319,223 124,252 11,296 7,367 462,138 $ 28,975 $ 1.70 Current Year: 1 Year Ago: Numerator: Days' Sales Uncollected Denominator: x Days Days' Sales Uncollected Required 1A Required 18 > Days' sales uncollected 0 days 0 days Current Year: 1 Year Ago: Numerator: Accounts Receivable Turnover Denominator: = Accounts Receivable Turnover Accounts receivable turnover 0 times 0 times Current Year: 1 Year Ago: Numerator: Inventory Turnover Denominator: = Inventory Turnover Inventory turnover = = 0 times ' 7 < Required 2B 0 times Required 3B > Current Year: 1 Year Ago: Numerator: 1 Days' Sales In Inventory Denominator: < Required 3B Days Days' Sales In Inventory = Days' sales in inventory = x Required 4B > 0 days 0 days