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Requirea information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash

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Requirea information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 2017 2016 2015 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, sie par value Retained earnings Total liabilities and equity 33,377 $ 39,014 $ 40,234 89,208 62, 600 5 9,200 112,080 84,000 51,000 10,748 1 0, 241 4,470 320, 384 291,825 251,496 565,789 $ 487,680 $ 406,400 $ 140,862 $ 82,418 $ 53,645 106,353 112,166 89,814 162,500 162,500 162, see 155,994 130,596 100, 441 $ 565,799 $ 487,680 $ 406,400 The companii'e income ctatamente for the venre anrior noromhor 21 2017 and 2016 fully (2) Compute accounts receivable turnover. Choose Numerator: Accounts Receivable Turnover Choose Denominator: Accounts Receivable Turnover Accounts receivable turnover times 2017: 2016: times (3) Compute inventory turnover. points Inventory Turnover Choose Denominator eBook Choose Numerator: - Inventory Turnover Inventory turnover times Hint 2017: 2016: References times (4) Compute days' sales in inventory Days' Sales In Inventory Choose Denominator: Choose Numerator: Days - Days' Sales In Inventory x 2017: 2016:7 Days' sales in inventory days days

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