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[1] Common-size on Balance Sheet December 31, 2019 2019 % change Cash $33,000 Accounts Receivable 29,000 Merchandise Inventory 56,000 Plant and Equipment, net 126,000 Total
[1] Common-size on Balance Sheet December 31, 2019 2019 % change Cash $33,000 Accounts Receivable 29,000 Merchandise Inventory 56,000 Plant and Equipment, net 126,000 Total Assets $244,000 Accounts Payable $9,000 Accrued Liabilities 7,000 Long-term Notes Payable 70,000 Total Liabilities $86,000 Common Stock $55,000 Retained Earnings 115,000 Treasury Stock (12,000 Total Stockholders' Equity $158,000) Total Liabilities and Stockholders' Equity $244,000 Interpretation : Pick two to three significant % change and explain the reason of % change
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