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Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: te 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-a) Compute days' sales uncollected. (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover. (2-a) Compute accounts receivabie turnover. (2-b) Determine if accounts recelvable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover. (3-b) Determine if inventory tumover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. Complete this question by entering your answers in the tabs below. Compute days' sales uncollected. Determine if days' sales uncollected improved or worsened in the current year. Compute accounts receivable turnover. (Round your answers to the nearest whole number.) Determine if accounts receivable turnover ratio improved or worsened in the current year. Compute inventory tumover. (Round your answers to the nearest whole number.) Determine if inventory tumover ratio improved or worsened in the current year. Compute days' sales in inventory. tor each ratio, determine if days' sales in inventory improved or worsened in the current year

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