(Solved): (2-a) Compute accounts receivable turnover. (2-b) For each ratio, determine if it improved ...

(2-a) Compute accounts receivable turnover.
(2-b) For each ratio, determine if it improved or worsened in the current year.

Required information Exercise 13-8 (Algo) Analyzing and interpreting liquidity LO P3 [Alternate Version] [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 s Exercise 13-8 (Algo) Part 2 [Alternate Version] Exercise 13-8 (Algo) Part 2 [Alternate Version] (2-a) Compute accounts receivable turnover. (2-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute accounts receivable turnover.