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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 $ 32,263 89, 100 114,500 10,390 295, 167 $ 541,420 $ 37,713 $ 38,506 62,700 50,900 83,500 56,000 9,9ee 4,278 272,928 235, 416 $ 466,741 $ 385,100 $ 136,162 79,668 $ 51,342 102,805 162,500 139,953 $ 541,420 188, 424 162,500 116, 149 $ 466,741 85,958 162,5ee 85, 380 385,100 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sale 1 Yr Ago $ 555, 422 Current Yr $ 783, 846 For Year Ended December 31 Sales The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on 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 $ 703, 846 $ 429,346 218,192 11,965 9, 150 668,653 $ 35,193 $ 1 Yr Ago $ 555,422 $361,e24 148,522 12,775 8,331 522,652 $ 32,77 $ 2.02 2.17 mplete this question by entering your answers in the tabs below. aired 1A Required 1B pute days' sales uncollected. Days' Sales Uncollected 1 Choose Denominator Choose Numerator: Days ## x Days' Sales Uncollected Days Sales Uncollected days days X ent Yr: Ago: 1 X Required 1A Required 1B MV 0 lausui Required 1A Required 1B For each ratio, determine if it improved or worsened in the current year. Days' salos uncollected

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