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  3. 9. required information [the following inf

9. Required information [The following information applies...

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Accounting

9.
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Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: e company's income statements for the current year and one year ago follow. Assume that all sales are on credit: (1-a) Compute days' sales uncollected. (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts recelvable turnover. (2-b) Determine if accounts recelvable turnover ratio improved or worsened in the current year: (3-a) Compute inventory turnover. (3-b) Determine if inventory tumover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if days' sales in inventory improved or worsened in the current year: Answer is not complete. Complete this question by entering your answers in the tabs below. Compute days' sales uncollected. Accounts Recolvable Turnover Inventory Turnover Days' Sales In Inventory

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