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 $ 27,803 89,900 113,500 8,953 235,833 $475,989 $ 32,499 $ 33,853 62,500 51,900 82,000 54,000 8,531 3,761 224,805 201,886 $ 410,335 $ 345,400 $117,336 $ 68,653 $ 45,137 88,591 162,500 107,56 $475,989 93,433 75,570 162,500 162,500 85, 749 62,193 $ 410,335 $ 345,400 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 Current Yr 1 Yr Ago Sales $ 618,786 $ 488,299 Cost of goods sold $ 377,459 $ 317,394 Other operating expenses 191,824 123,540 Interest expense 10,519 11, 231 Income tax expense 8,044 7,324 Total costs and expenses 587, 846 459, 489 Net income $ 30,940 $ 28,810 $ Earnings per share 1.90 $ 1.77 (2-a) Compute accounts receivable turnover, (2-6) 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 2A Required 28 Compute accounts receivable turnover. Accounts Receivable Turnover 1 Choose Denominator: Choose Numerator . Accounts Receivable Turnover Accounts receivable turnover O times O times Current Yr: 1 Yr Ago: 1 1