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 $ 29,052 89,700 110,000 9,356 244,638 $482,746 $ 33,959 $ 34,333 62,700 50,300 84,000 52,000 8,914 3,815 226,587 199,552 $ 416,160 $ 340,000 $122,608 92,571 162,500 105,067 $482,746 $ 71,738 $ 45,778 97,631 76,643 162,500 162,500 84,291 55,079 $ 416,160 $ 340,000 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 $ 627,570 $ 382, 818 194,547 10,669 8,158 596,192 $ 31,378 $ 1.93 1 Yr Ago $ 495,230 $ 321,900 125,293 11,390 7,428 466,011 $ 29,219 $ 1.80 (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 Choose Numerator: Days' Sales Uncollected 1 Choose Denominator: 1 Days x x x x = Days' Sales Uncollected Days' Sales Uncollected 0 days o days Current Yr: 1 Yr Ago: For each ratio, determine if it improved or worsened in the current year. Days' sales uncollected