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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

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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 $ 34,894 89,200 111,000 11,237 351,067 $ 597,398 40,788 $ 42,487 62,500 50,500 84,500 58,000 10,707 4,721 316,503 277,792 $ 514,998 $ 433,500 $ 147,265 $ 86,164 $ 56,650 111,188 162,500 176, 445 $ 597,398 117,265 94,845 162,500 162,500 149,069 119,505 $ 514,998 $ 433,500 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 $ 776,617 $ 612,348 Cost of goods sold $ 473,736 $ 398,351 Other operating expenses 248,751 155,051 Interest expense 13,282 14,096 Income tax expense 10,096 9193 Total costs and expenses 737785 576,691 Net income $ 35,832 5 36,157 Earnings per share $ 2.39 5 2.23 (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 1 Required 18 Compute days sales uncollected, Chion Numaraton Dos Sales Uncollected 7. Choose Denominator Custyr: 1 Ys Ago Dy Days Sales Uncollected Days Sales Uncollected days days Required 18 ) Pro 1 2 3 4 of 12 Next > o search O ! - 66F Sunny 5 E R T D F G H B N M Required information (1-a) Compute days' sales uncollected (4-6) 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 in Required 1 For each ratio, determine if it improved or worsened in the current year. coded were to search 10 66F Sunny 4 6 E R T U O D F 3 V B N M

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