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[The following information applies to the questions displayed below) Simon Company's your end balance sheets follow At Decor 1 Year Assets ca $35.02 53,20 Accounts

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[The following information applies to the questions displayed below) Simon Company's your end balance sheets follow At Decor 1 Year Assets ca $35.02 53,20 Accounts receivable, et 0.236 danie ory 12,112 33,228 54.3 Prepaid 30,124 270. Total assets 5522.07 5133.00 Lities and touity accounts payable $112.69 575, 552.03 Long-term res payable 0,2 10), Common stock, 510 par valus 1500 162.500 16,50 Betaling 202,454 14.42 Total Latesty $592,473 $ 250,00 $38.00 For both the current year and one year ago, compute the following The company's income statements for the current year and one year ago follow. Assume that all sales are on Credit for Year December Sales $ 69,235 Cost of good old $414,121 $548,93 Other ratings 210,557 Intereste 105,000 11,549 12.120 TO Total costs and expenses Net Income 5. $31. Earnings per share 3 2.9 11-al Computedy sales uncollected 116) Determine if days' sales uncolected improved or worsened in the current year (2-a) Compute accounts receivable turnover (26) Determine if accounts receivable amover ratio improved or worsened in the current year Ba) Compute Inventory turnover b) Determine if inventory turnoverato improved or worsened in the current year (4-2) Compute days caloc in Inventory 14 b) For each rato, determine day sales in Inventory toroved or worsened in the current your Complete this question by entering your answers in the tabs below. SA 1821 Roured 20 Computaday sales collected Dobele Denontor PAGUERO Current Year 1 Years De cested Dans collected day 15 670215 Raul 18 > Gisplayed below Simon Company's year end balance sheets follow AL December 31 Gurmester 1 Year 2 Years Assets Cash $70,826 $15.672 5 38,296 Accounts receivable, et 90,230 51,567 Merchandise Inventory 112,32 83,325 54,930 Prepaid expenses 10,124 9,164 4,129 Plantas, net 278,953 257,720 234,078 Total assets $ 522,473 $ 450,400 $ 38,000 Llabilities and touty Accounts payable $ 132,698 $ 75,00 $ 52,073 Long-term res payable 98,225 103,594 82,950 Common stock. $10 par value 102,500 162,500 10,500 tetained in 129,95 102 44 14,472 Total abilities and equity $ 522,473 3 450,400 $385,000 For both the current year and one year ago. compute the following ratios The company's Income statements for the current year and one year ago follow. Assume that al sales are on credit For Year Ended December Current Year 1 war Sales 5.679,215 Cost of goods sold $ 414,321 $948,91 Other perating penes 210,557 135,64 Intereste 11,547 12,20 Tacone tax expense 3.00 Total costs and expenses 6) NO 3.3), NO 5.31.23 Earnings per share $2.00 51.95 (tal Compute days cales uncollected (16) Determine if days' sales uncollected improved or worsened in the current you (2-a) Compute accounts receivable turnover (26) Determine if accounts receivable turnover ratio Improved or worsened in the current year B-al Compute Inventory turnover 03-6) Determine if Inventory turnover ratio improved or worsened in the current year (4-3) Compute days' sales in Inventory (4-6) For each ratio, determine daye sales in Inventory improved or worsened in the current your Complete this question by entering your answers in the tabs below. Required 1A Reged 13 Bind 20 RA Required 38 Required Ruined Compute accounts receivable turnover (Round your answers to the nearest whole number Numerator Acable Accounts Receivable Turnove Denominator Current Year 1 year ago Accounts Racible Tumove Accounts recevable tanove om mes 3 2014 2 Years [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. At December Current Year Year Assets 5 30,826 $ 35,672 Accounts receivable, et 90,236 64,313 Merchandise Sventory 112,02 13,325 Prepald expenses 10,126 9,344 Plant assets. net 273,953 252,729 Total assets $ 450,400 Liabilities and Equity Accounts payable $ 112,698 $ 75,800 Long-ter notes payable 98,225 103,594 Common stock, 50 par valor 162,500 162,500 Retained earnings 129.00 107,434 Total abilities and equity $ 522,473 $ 450,400 $ 38,296 51,567 54,930 4,129 234,075 538), 100 eBook $ 52,073 82,950 163,50 34,472 $ 33,000 Print 0 For both the current year and one year ago, compute the following ratios The company's income statements for the current year and one year ago follow. Assume that all sales are on credit 1 Year $ 535,986 Tor Year End Deceber Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total cests and expenses Net Income Earnings per share Current Year $ 679,215 $ 414,121 210,557 11547 6,830 645,255 $ 13,60 $ 2.0 $ 143,298 235,604 12,328 8.exe 504,63 $ 11,620 51.95 (1-3) Compute days' sales uncollected 11-61 Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover (26) Determine if accounts receivable turnover ratio improved or worsened in the current yest 13-a) Compute Inventory turnover (36) Determine if Inventory tumover ratio mproved or worsened in the current year, (4-a) Compute days sales in Inventory 14b) For each rato, determine day sales in inventory improved or worsened in the current year Complete this question by entering your answers in the tabs below. Tured I Required to Red 2A Required 20 Hoved Required 38 Required Required Compute day sales in inventory Dars Sales In Inventory Denominator Numerator Days Days' Sales In Inventory Days in inventory Current Year 1 Year Age: os Gisplayed below Simon Company's year end balance sheets follow AL December 31 Gurmester 1 Year 2 Years Assets Cash $70,826 $15.672 5 38,296 Accounts receivable, et 90,230 51,567 Merchandise Inventory 112,32 83,325 54,930 Prepaid expenses 10,124 9,164 4,129 Plantas, net 278,953 257,720 234,078 Total assets $ 522,473 $ 450,400 $ 38,000 Llabilities and touty Accounts payable $ 132,698 $ 75,00 $ 52,073 Long-term res payable 98,225 103,594 82,950 Common stock. $10 par value 102,500 162,500 10,500 tetained in 129,95 102 44 14,472 Total abilities and equity $ 522,473 3 450,400 $385,000 For both the current year and one year ago. compute the following ratios The company's Income statements for the current year and one year ago follow. Assume that al sales are on credit For Year Ended December Current Year 1 war Sales 5.679,215 Cost of goods sold $ 414,321 $948,91 Other perating penes 210,557 135,64 Intereste 11,547 12,20 Tacone tax expense 3.00 Total costs and expenses 6) NO 3.3), NO 5.31.23 Earnings per share $2.00 51.95 (tal Compute days cales uncollected (16) Determine if days' sales uncollected improved or worsened in the current you (2-a) Compute accounts receivable turnover (26) Determine if accounts receivable turnover ratio Improved or worsened in the current year B-al Compute Inventory turnover 03-6) Determine if Inventory turnover ratio improved or worsened in the current year (4-3) Compute days' sales in Inventory (4-6) For each ratio, determine daye sales in Inventory improved or worsened in the current your Complete this question by entering your answers in the tabs below. Required 1A Reged 13 Bind 20 RA Required 38 Required Ruined Compute accounts receivable turnover (Round your answers to the nearest whole number Numerator Acable Accounts Receivable Turnove Denominator Current Year 1 year ago Accounts Racible Tumove Accounts recevable tanove om mes 3 2014 2 Years [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. At December Current Year Year Assets 5 30,826 $ 35,672 Accounts receivable, et 90,236 64,313 Merchandise Sventory 112,02 13,325 Prepald expenses 10,126 9,344 Plant assets. net 273,953 252,729 Total assets $ 450,400 Liabilities and Equity Accounts payable $ 112,698 $ 75,800 Long-ter notes payable 98,225 103,594 Common stock, 50 par valor 162,500 162,500 Retained earnings 129.00 107,434 Total abilities and equity $ 522,473 $ 450,400 $ 38,296 51,567 54,930 4,129 234,075 538), 100 eBook $ 52,073 82,950 163,50 34,472 $ 33,000 Print 0 For both the current year and one year ago, compute the following ratios The company's income statements for the current year and one year ago follow. Assume that all sales are on credit 1 Year $ 535,986 Tor Year End Deceber Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total cests and expenses Net Income Earnings per share Current Year $ 679,215 $ 414,121 210,557 11547 6,830 645,255 $ 13,60 $ 2.0 $ 143,298 235,604 12,328 8.exe 504,63 $ 11,620 51.95 (1-3) Compute days' sales uncollected 11-61 Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover (26) Determine if accounts receivable turnover ratio improved or worsened in the current yest 13-a) Compute Inventory turnover (36) Determine if Inventory tumover ratio mproved or worsened in the current year, (4-a) Compute days sales in Inventory 14b) For each rato, determine day sales in inventory improved or worsened in the current year Complete this question by entering your answers in the tabs below. Tured I Required to Red 2A Required 20 Hoved Required 38 Required Required Compute day sales in inventory Dars Sales In Inventory Denominator Numerator Days Days' Sales In Inventory Days in inventory Current Year 1 Year Age: os

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