Refer to the Simon Company information in Exercise 13-6. The company?s income statements for the years ended December 31, 2018 and 2017, follow. Assume that all sales are on credit and then compute

(1) Days? sales uncollected,

(2) Accounts receivable turnover,

(3) Inventory turnover,

(4) Days? sales in inventory. Comment on the changes in the ratios from 2017 to 2018. (Round amounts to one decimal.)

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For Year Ended December 31 2018 2017 Sales . Cost of goods sold .. Other operating expenses. Interest expense.. Income tax expense. Total costs and expenses. Net income . Earmings per share. $673,500 $532,000 $411,225 209,550 12,100 9,525 $345,500 134,980 13,300 8,845 502,625 $ 29,375 $ 1.80 642,400 $ 31.100 $ 1.90