Simon Company's year-end balance sheets follow. For both the cutrent year and one year ago, compute the following ratios: Exercise 17-8 (Algo) Analyzing and interpreting liquidity LO P3 The company's income statements for the current year and one year ago follow . Assume that ali sales are on credit (1-a) Compute days' sales uncollected (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts recelvable turnover (2-b) Determine if accounts recelvable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover (1-a) Compute days' sales uncollected. (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover. (2-b) Determine if accounts recelvable turnover ratio improved or worsened in the current year (3-a) Compute inventory turnover. (3-b) Determine if inventory turnover ratio improved or worsened in the curtent year. (4-a) Compute days' sales in inventory. (4.b) For each ratio, determine if days' sales in inventory improved or worsened in the current year: Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute days' sales uncollected