Question: same question with multiple parts. Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. Current 1 x

Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. Current 1 x Ago 2 Yrs ago At December 11 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net Total aseta Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earning Total liabilities and equity 534,589 89,300 114.500 11.139 325,223 $ 574.751 $ 40,431 $ 40,77 62,700 50,200 83,500 51,000 10,613 4,542 298,233 258, 102 $.495,475 $ 404,800 $ 145,975 585,410 $ 54,502 110,214 162,500 156,052 $ 574,751 116,230 91,250 162,500 262,500 131,327 $ 495,475 $ 404,800 res The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit Tor Year Ended December 31 Current 1 yr ago Sales $ 747,176 5 589,615 cost of goods sold $.455,727 $383,250 Other operating expenses 231.625 249,173 Interest expense 12,702 13,561 Tacone tax expense 5.713 Total costs and expenses 209,012 554,820 Set income 37,359 $ 34,707 Earnings per share 2.30 2.14 (1-a) Compute days' sales uncollected (9-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 1A Required 18 Compute days' sales uncollected. Choose Numerator Days Sales Uncollected 1 Choose Denominator Current Yr 1 Yr Ago Days - Days Sales Uncollected Days Sales Uncollected oldays o days X X 0 Required information 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 $ 34,589 89,300 114,500 11,139 325, 223 $ 574,751 At December 31 Assets Cash Accounts receivable, not 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 per value Retained earnings Total liabilities and equity $ 40,431 $ 40,877 62,700 50,200 83,500 51,000 10,613 4,542 298,231 258,181 $ 495,475 $ 404,800 $ 145,975 $ 85,410 $ 54,502 110,214 162,500 156,062 $ 574, 751 116,238 91,250 162,500 162,500 131,327 96,548 $ 495, 475 $ 404,800 The company's income statements for the current Year and 1 Year Ago, follow. Assume that all sales are on credit: Tor Year Ended December 31 Current Yr 1 Yr Ago Sales $ 747,176 $ 589,615 cost of goods sold $ 455,777 $ 383,250 Other operating expenses 231, 625 149,173 Interest expense 12,702 13,561 Income tax expenso 9.713 8,844 Total costs and expenses 709,817 554,828 Net income $ 37,359 $ 34,787 Earnings per share $ 2.30 $ 2.14 (-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. Required 1A Required 1B For each ratio, determine if it improved or worsened in the current year, Days' sales uncollected
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