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Required information [The following information applies 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-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. (1-a) Compute days' sales uncollected. (1-b) For cach ratio, determine if it improved or worsened in the current year Complete this question by entering your answers in the tabs below. Compute days! sales uncollected.


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Answer. The company has given its year end balance sheet.


Using the data, compute the following :
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