Refer to the Simon Company information in Exercise 13-7. The company's income statements for the years ended December 31, 2014 and 2013, follow. Assume that all sales are on credit and then compute:
(1) Days' sales uncollected,
(2) Accounts receivable turnover,
(3) Inventory turnover, and
(4) Days' sales in inventory. Comment on the changes in the ratios from 2013 to 2014. (Round amounts to one decimal.)
Exercise 13-7

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At December 31 2014 2013 2012 Assets $ 31,800 $ 35,625 $ 37,800 Cash Accounts receivable, net 89,500 62,500 50,200 Merchandise inventory 112,500 82,500 54,000 Prepaid expenses 10,700 9,375 5,000 Plant assets, net 255,000 $523,000 $445,000 $377.500 278,500 230,500 Total assets Liabilities and Equity $ 51,250 Accounts payable .... $129,900 $ 75,250 $ 51,250 Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings.... Total liabilities and equity 98,500 101,500 83,500 163,500 163,500 163,500 104,750 131,100 79,250 $523,000 $445,000 $377,500 For Year Ended December 31 2013 2014 Sales ... Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income.. Earnings per share . $673,500 $532,000 $411,225 209,550 $345,500 134,980 13,300 12,100 9,525 8,845 642,400 502,625 $ 29,375 $ 31,100 2$ 1.90 1.80 AlltA