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 $ 33, 901 89, 700 110,000 10,917 341, 798 $586, 316 $ 39,627 $ 41, 699 62,900 50, 400 83,500 56,000 10,402 4,633 309, 016 277,068 $505, 445 $ 429,800 $143, 073 $ 83, 712 $ 55,599 108,023 162,500 172.720 $586, 316 113,927 93,086 162,500 162,500 145, 306 118, 615 $ 505, 445 $ 429,800 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are 1 Yr Ago $ 601, 480 For Year Ended December 31 Sales Cost of goods sold other operating expenses Interest expense Income tax expense current Yr $ 762, 211 $ 464, 949 236, 285 12,958 9.909 $ 390,962 152, 174 13,834 9,022 (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. em Required 1A Required 1B Compute days' sales uncollected. Choose Numerator: Days' Sales Uncollected Choose Denominator: X Days Current Yr: 1 Yr Ago: Days' Sales Uncollected Days' Sales Uncollected days days Required 1B) (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 For each ratio, determine if it improved or worsened in the current year. Days' sales uncollected Required 1A