Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 37,928 89,100 111,000 12,214 373,874 $ 624,116 $ 44,334 $ 44,388 62,100 51,180 83,080 57,000 11,638 4,932 336,959 277,880 $ 538,031 $ 435,300 $ 160,067 $ 93,655 $ 59,183 120,854 162,500 180,695 $ 624,116 127,460 99,087 162,500 162,500 154,416 114,530 $ 538,031 $ 435,300 The company's income statements for the Current Year and 1 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 Current Yr $ 811,351 $ 494,924 251,519 13,793 10,548 770,784 5 40.567 1 Yr Ago $ 640,257 $ 416, 167 161,985 14,726 9,604 602.482 $ 37,775 2.32 (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 Compute days' sales uncollected. Days' Sales Uncollected 7 Choose Denominator: Choose Numerator: * Days - Days' Sales Uncollected Days' Sales Uncollected 0 days 0 days Current Ye: 1 Yr Ago