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Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net $ 33,254

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Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net $ 33,254 89,300 $ 38,870 Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity 111,500 10,709 318,858 62,500 83,500 10,203 290,807 $ 563,621 $ 485,880 Accounts payable $ 140,342 Long-term notes payable Common stock, $10 par value Retained earnings 105,961 162,500 154,818 $ 82,114 111,752 162,500 129,514 Total liabilities and equity $ 563,621 $ 485,880 $ 40,085 50,400 51,000 4,454 258,961 $ 404,900 $ 53,447 89,483. 162,500 99,470 $ 404,900 The company's income statements for the current year and one year ago follow. Assume that all sales are on cre 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 $ 732,707 $ 446,951 227,139 12,456 9,525 696,071 $ 36,636 $2.25 1 Year Ago $ 578,197 $ 375,828 146,284 13,299 8.673 544,084 $ 34,113 $2.10 Compute days' sales uncollected. For each ratio, determine if it improved or worsened in the current year omplete this question by entering your answers in the tabs below. quired 1A Required 1B mpute days' sales uncollected.

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