(Solved): c1q1 Required information [The following information applles to the questions displayed below] Simon ...

Required information [The following information applles to the questions displayed below] Simon Company's year-end balance sheets follow. The company\’s income statements for the current year and one year ago follow. Assume that all sales are on credit- (1-e) Compute days' sales uncollected (1-b) For each ratio, determine if it improved or worsened in the current year. Compute days' sales uncollected. Compute accounts receivable turnover. Complete this question by entering your answers in the tabs below. Compute inventory turnover. Compute days' sales in inventory.