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1. Required: Analyze the following common size balance sheets: 2016 2015 Current Assets Cash3%5% Accounts receivable 2018 Inventory 35 30 Total current assets5853 Property, plant

1.Required: Analyze the following common size balance sheets:

20162015

Current Assets

Cash3%5%

Accounts receivable 2018

Inventory 3530

Total current assets5853

Property, plant and equipment 3040

Other assets127

Total assets100%100%

Current Liabilities

Accounts payable25%20%

Short-term debt3833

Total current liabilities6353

Long-term debt2217

Total liabilities85 70

Stockholders Equity

Common stock1420

Retained earnings110

Total stockholders' equity15 30

Total liabilities and stockholders' equity 100%100%

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