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[ The following information applies to the questions displayed below. ] Simon Company's year - end balance sheets follow. The company s Income statements for

[The following information applies to the questions displayed below.]
Simon Company's year-end balance sheets follow.
The companys Income statements for the current year and one year ago follow. Assume that all sales are on
credit:
(2-a) Compute accounts recelvable 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 receivable turnover.
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