Simon Company's year-end balance sheets follow. The company\’s income statements for the current year and one year ago follow. Assume that all sales are on credit: (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. Compute days' sales uncollected. For each ratio, determine if it improved or worsened in the current year. [The following information applles to the questions displayed below] Simon Company's year-end balance sheets follow. The company\’s income statements for the current year and one year ago follow. Assume that all sales are on credit: Compute accounts receivable turnover. For each ratio, determine if it improved or worsened in the current year. Compute inventory turnover. For each ratio, determine if it improved or worsened in the current year. Compute days' sales in inventory. For each ratio, determine if it improved or worsened in the current year. Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow.. (1) Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago Compute times interest earned for the current year and one year ago. Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago