Please help with each part

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1b

2a

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3a

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Exercise 13-8 Analyzing and interpreting liquidity LO P3 (The following information applies to the questions displayed below. Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 34,207 89,200 114,500 11,016 325,115 $574,038 $ 39,985 $ 40,826 62,900 51,100 83,500 52,000 10,496 4,536 297,979 259,838 $ 494,860 $ 408,300 $144,365 $ 84,468 $ 54,435 108,998 162,500 158, 175 $574,038 114,956 91,137 162,500 162,500 132,936 100, 228 $ 494,860 $ 408,300 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $ 746, 249 $ 455,212 231,337 12,686 9,701 708,936 $ 37, 313 1 Yr Ago $ 588,883 $ 382,774 148,987 13,544 8,833 554, 138 $ 34,745 Earnings per share $ 2.30 $ 2.14 Required 1A Required 1B Compute days' sales uncollected. Days' Sales Uncollected | Choose Denominator: Choose Numerator: Days Il Days' Sales Uncollected Days' Sales Uncollected / II Current Yr: / II 0 days 0 days 1 Yr Ago: / = Required 1A Required 1B For each ratio, determine if it improved or worsened in the current year. Days' sales uncollected (2-a) Compute accounts receivable turnover. (2-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. Required 2A Required 2B Compute accounts receivable turnover. Accounts Receivable Turnover Choose Numerator: / Choose Denominator: = Accounts Receivable Turnover II Accounts receivable turnover Current Yr: / = times 1 Yr Ago: II times (2-a) Compute accounts receivable turnover. (2-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. Required 2A Required 2B For each ratio, determine if it improved or worsened in the current year. Accounts receivable turnover (3-a) Compute inventory turnover. (3-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. Required 3A Required 3B Compute inventory turnover. Inventory Turnover | Choose Denominator: Choose Numerator: = Inventory Turnover 1 II Inventory turnover Current Yr: / II times 1 Yr Ago: 1 = times (3-a) Compute inventory turnover. (3-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. Required 3A Required 3B For each ratio, determine if it improved or worsened in the current year. Inventory turnover (4-a) Compute days' sales in inventory. (4-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. Required 4A Required 4B Compute days' sales in inventory. Days' Sales In Inventory. Choose Numerator: Choose Denominator: Days Il 1 = Days' Sales In Inventory Days' sales in inventory 0 days Current Yr: / = 1 Yr Ago: 1 II 0 days (4-a) Compute days' sales in inventory. (4-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. Required 4A Required 4B For each ratio, determine if it improved or worsened in the current year. Days' sales in inventory