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 S 28,830 89,800 113, eee 9,827 235, 233 $ 475,899 $ 32,765 $ 33,789 62,400 50,400 82,500 55, eee 8,601 3,754 223, 294 198, 357 $ 409,560 $ 341,300 $ 118,297 $ 69,216 $ 45,952 89,317 162,5ee 184,976 $ 475,899 94, 199 75,427 162,5ee 162,5ee 83,645 58,321 $ 489,560 $ 341,388 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 $ 617,617 $ 376,746 191, 461 10,499 8,829 586,735 $ 30,882 1 Yr Ago $ 487,376 $ 316,794 123, 306 11, 210 7,311 458,621 $ 28,755 $ 1.90 $ 1.77 Exercise 13-8 Part 1 (1-a) Compute days' sales uncollected. (1-6) 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 1A Required 18 Compute days' sales uncollected. Days' Sales Uncollected 1 Choose Denominator: Choose Numerator: Days Days' Sales Uncollected Days' Sales Uncollected 1 = Current Yr: 1 0 days 0 days 1 Yr Ago: 1 = (1-a) Compute days' sales uncollected. (1-6) 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 1A Required 18 For each ratio, determine if it improved or worsened in the current year. Days' sales uncollected