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  3. simon company's year-end balance sheets tollow.

Simon Company's year-end balance sheets tollow. \table[[At December 31,Current Year,1 Year Ago,2 Years...

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Accounting

Simon Company's year-end balance sheets tollow.
\table[[At December 31,Current Year,1 Year Ago,2 Years Ago],[Assets,$24,932,$29,732,$30,358
(1-a) compute days' sales uncollected
(1-b) determine if days' sales uncollected improved or worsened in they current year
(2-1) compute accounts receivable turnover
(2-b) determine if accounts receivable turnover ratio improved or worsened in the current year
(3-a) compute inventory turnover
(3-b) determine if inventory turnover ratio improved or worsened in the current year
(4-a) compute days' sales in inventory
(4-b) for each ratio, determine if days' sales in inventory improved or worsened in the current year
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