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Requlred Information [The following information applies to the questions displayed below.] Simon Company's year-end balance...

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Accounting

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Requlred Information [The following information applies 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: (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. Requlred Information [The following information applies 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 (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. For each ratio, determine if it improved or worsened in the current year. Requlred Information [The following information applies 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. (1) Compute debt and equity ratio for the current year and one year ago

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