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! Required information [The following information applies to the questions displayed below.) Simon Companys year-end balance
The companys income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year En
(1-a) Compute days sales uncollected. (1-6) For each ratio, determine if it improved or worsened in the current year. Comple
(1-0) Compute days sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year, Comple
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Answer #1

Solution: Requirement (l-a): compute days sales uncollected Days Sales Uncollected C. ... . . . . . .esta X Dae = D.. Sales

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