Refer to the Simon Company information in Exercise 13-6.

Simon Company's year-end balance sheets follow. Express the balance sheets in common-size percents. Round amounts to the nearest one-tenth of a percent. Analyze and comment on the results.

The company's income statements for the years ended December 31, 2016 and 2015, 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 2015 to 2016. (Round amounts to one decimal.)

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2016 2015 2014 Assets .31,800 $ 35,625 37,800 89,500 62,500 50,200 82,500 54,000 5,000 . 278,500 255,000 230,500 . $523,000 $445,000 $377,500 Accounts receivable, net Merchandise inventory . 112,500 10,700 9.375 Total assets. Liabilities and Equity Long-term notes payable secured by .$129,900 $ 75,250 $51,250 mortgages on plant assets .. Common stock, $10 par value 98,500 01,500 83,500 . 163,500 163,500 163,500 79,250 . $523,000 $445,000 $377,500 . 131,100 104.750 Total liabilities and equity.... For Year Ended December 3 2016 2015 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 12,100 9,525 $345,500 134,980 13,300 8,845 642,400 $ 31,100 $1.90 502,625 $29,375 $1.80