same question with multiple parts

Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Current Tr 1 Ys Ago 2 Trs Ago Assets Cash $34.589 $ 40,431 $ 40,677 Accounts receivable, net 89,300 62,700 50,200 Merchandise inventory 114,500 83,500 51,000 Prepaid expenses 11,139 10,613 4.542 Plant assets, net 325, 223 298,231 253.181 Total assets $ 574,751 5 495,475 $ 404,800 Liabilities and Equity Accounts payable $ 145,975 $ 85,410 $ 54,502 Long-tern notes payable secured by mortgages on plant annet 110,214 326,230 91.250 Common stock, $10 par value 162.500 162,500 162,500 Retained earnings 156,062 131,327 96,548 Total liabilities and equity $ 574,251 $ 195,675 5404.900 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit YOF Year Ended December 3 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per sbare Current Y $ 147,176 $ 455,777 231,625 12,702 9.713 709, 917 $ 37, 359 $ 2.30 1 Ye Age $589,615 $ 383, 250 149,173 13,561 8.844 554,82 $ 34,789 2.14 (3-a) Compute inventory turnover. (3-6) 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 38 Compute inventory turnover. Inventory Turnover Choose Numerator: Choose Denominator: Inventory Turnover Inventory turnover times Current Yr: 1 Yr Ago: times Required 3B > 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 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 $ 34,589 89, 300 114,500 11,139 325, 223 $ 574,751 $ 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 $ 54,502 210,214 162,500 156,062 $ 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: 1 For 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 expense 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 $ (3-a) Compute inventory turnover. (3-6) 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 38 For each ratio, determine if it improved or worsened in the current year. Inventory turnover