Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	29,254			$	34,195		$	35,264
Accounts receivable, net			89,400				62,900			51,400
Merchandise inventory			112,000				83,000			59,000
Prepaid expenses			9,421				8,976			3,918
Plant assets, net			255,755				238,369			206,618
Total assets		$	495,830			$	427,440		$	356,200
Liabilities and Equity
Accounts payable		$	123,462			$	72,237		$	47,018
Long-term notes payable secured by mortgages on plant assets			93,216				98,311			78,720
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			116,652				94,392			67,962
Total liabilities and equity		$	495,830			$	427,440		$	356,200

The companys income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit:

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	644,579					$	508,654
Cost of goods sold	$	393,193					$	330,625
Other operating expenses		199,819						128,689
Interest expense		10,958						11,699
Income tax expense		8,380						7,630
Total costs and expenses					612,350						478,643
Net income				$	32,229					$	30,011
Earnings per share				$	1.98					$	1.85

Compute days' sales uncollected.

Days' Sales Uncollected
	Choose Numerator:	/	Choose Denominator:	x	Days	=	Days' Sales Uncollected
		/		x		=	Days' Sales Uncollected
Current Yr:		/		x		=	0	days
1 Yr Ago:		/		x		=	0	days

Compute accounts receivable turnover.

Accounts Receivable Turnover
	Choose Numerator:	/	Choose Denominator:	=	Accounts Receivable Turnover
		/		=	Accounts receivable turnover
Current Yr:		/		=		times
1 Yr Ago:		/		=		times