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 Current Yr 1 Yr Ago 2 Yrs Ago $ 24,478 $ 28,613 $ 29,805 89,600 110,500 7,883 186,613 62,900 84,500 50,500 57,000 7,511 3,312 177,747 163,483 $419,074 $ 361,271 $ 304,100 Liabilities and Equity Accounts payable $103,306 $ 60,444 $ 39,740 Long-term notes payable 77,998 82,261 66,534 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings Total liabilities and equity 75,270 $419,074 56,066 35,326 $ 361,271 $ 304,100 The company's income statements for the current year and one year ago follow. Assume that all sales a credit: For Year Ended December 31 Current Yr 1 Yr Ago Sales $ 544,796 $429,912 Cost of goods sold 332,326 Other operating expenses 168,887 Interest expense 9,262 Income tax expense 7,082 $ 279,443 108,768 9,888 6,449 Total costs and expenses 517,557 Net income $ 27,239 404,548 $ 25,364 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 Current Yr 1 Yr Ago Sales Cost of goods sold $544,796 $429,912 $332,326 $ 279,443 Other operating expenses 168,887 108,768 Interest expense 9,262 9,888 Income tax expense 7,082 6,449 Total costs and expenses 517,557 Net income $ 27,239 404,548 $ 25,364 Earnings per share $ 1.68 $ 1.56 (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 18 Complete this question by entering your answers in the tabs below. Required 1A Required 18 Compute days' sales uncollected. Current Yr: 1 Yr Ago: Days' Sales Uncollected Choose Numerator: Choose Denominator:: X Days Days' Sales Uncollected X = Days' sales uncollected x days days (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 For each ratio, determine if it improved or worsened in the current year. Days' sales uncollected