Common-size percents LO P2 Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 29,076 $ 33,644 $ 34,015 Accounts receivable, net 85,123 60,680 47,668 Merchandise inventory 109,166 80,184 49,287 Prepaid expenses 9,269 8,832 3,857 Plant assets, net 265,161 245,794 215,773 Total assets $ 497,795 $ 429,134 $ 350,600 Liabilities and Equity Accounts payable $ 122,711 $ 71,073 $ 47,205 Long-term notes payable secured by mortgages on plant assets 94,521 96,727 76,708 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 117,063 97,834 63,187 Total liabilities and equity $ 497,795 $ 429,134 $ 350,600
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)
SIMON COMPANY
Common-Size Comparative Balance Sheets
December 31, 2015-2017
2017 2016 2015 Assets % Cash % Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net % Total assets :% Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Screenshot(Alt + A) Common stock, $10 par Retained earnings % Total liabilities and equity
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