Question: or each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable unfavorable.

favorable unfavorable. [The following information applies to the questions displayed below.] Simon

or each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable unfavorable. [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. For each ratio, determine if it improved or worsened in the current year

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