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1 SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 Exercise 17-6 Common-size percents LO P2 2017 2016 2015 Assets Cash Accounts receivable, net Merchandise
1 SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 Exercise 17-6 Common-size percents LO P2 2017 2016 2015 Assets Cash Accounts receivable, net Merchandise inventory Simon Company's year-end balance sheets follow. 2016 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 2017 2015 24,661 28,827 30,641 Prepaid expenses 71,476 52,485 89,86765,988 41,263 44,828 3,439 189,329 S 422,208 363,972 309,500 Plant assets, net 7,720 7,781 228,423 208,952 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by Liabilities and Equity Accounts payable Long-term notes payable secured by s 107,232 62,126 39,628 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 79,375 82,876 69,083 163,500 163,500 163,500 37, 289 mortgages on plant assets Common stock, $10 par 72,101 s 422,208 363,972 309,500Retained earnings 55,470 Total liabilities and equity Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)
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