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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

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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. (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. Compute days' sales uncollected. (2-a) Compute accounts receivable turnover. (2-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. Compute accounts recelvable turnover. (3-a) Compute inventory turnover. (3-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. Compute inventory turnover. (4-a) Compute days' sales in inventory. (4-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. Compute days' sales in inventory

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