Refer to the Simon Company information in Exercise 17-6. The company's income statements for the years ended December 31, 2017 and 2016, 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 2016 to 2017.

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For Year Ended December 31 2017 2016 $673,500 $532,000 Sales Cost of goods sold Other operating expenses Interest expense Income taxes. Total costs and expenses Net income Eamings per share $411,225 209,550 12,100 9,525 S345,500 134,980 13,300 8,845 502625 S 29,375 S 1.80 642.400 31.100 $ 1.90