3 At December Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Lang terter payable secured by sortgages on plant assets Comon stock. 10 per value Retained earnings Total abilities and uity CASEY $ 24,079 27,862 29,626 65,340 48.759 40.688 99.46 65,00 42,054 7,354 7,318 3,351 2211 206. 11911111 $ 412,249 $355,387 302,200 20 $145, zae 79,178 81,719 68.770 163,500 103,500 16). 57,141 51.2892021 $412,209 $ 155,387 $382.220 1. Express the balance sheets in common se percent. Do not round intermediate calculations and round your final percentage answers to decimal place) 2. Asuming annual sales have not changed in the wee years. Is the change in accounts receivable as a percentage of total sets favorabile or unfavorable? 3. Assuming annual sales have not changed instvee years, is the change in merchandise wentarym a percentage of total assets favorable or forvente? Complete the question by entering your answers in the tale below Hest Pas 2 and 3 Express the balance sheets in common se percent. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place) ION COMPANY Common Compartance Sheute December 31 Current A 299 Assets lash Accounts receivable Merchandise inventory Prepaid exports Pantasetnet To Liabilities and Equity Accounts payat Long-term des payable secured by montages on plantas Common lock 510 por Rewind earnings Total abities and equity 3 At December Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Lang terter payable secured by sortgages on plant assets Comon stock. 10 per value Retained earnings Total abilities and uity CASEY $ 24,079 27,862 29,626 65,340 48.759 40.688 99.46 65,00 42,054 7,354 7,318 3,351 2211 206. 11911111 $ 412,249 $355,387 302,200 20 $145, zae 79,178 81,719 68.770 163,500 103,500 16). 57,141 51.2892021 $412,209 $ 155,387 $382.220 1. Express the balance sheets in common se percent. Do not round intermediate calculations and round your final percentage answers to decimal place) 2. Asuming annual sales have not changed in the wee years. Is the change in accounts receivable as a percentage of total sets favorabile or unfavorable? 3. Assuming annual sales have not changed instvee years, is the change in merchandise wentarym a percentage of total assets favorable or forvente? Complete the question by entering your answers in the tale below Hest Pas 2 and 3 Express the balance sheets in common se percent. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place) ION COMPANY Common Compartance Sheute December 31 Current A 299 Assets lash Accounts receivable Merchandise inventory Prepaid exports Pantasetnet To Liabilities and Equity Accounts payat Long-term des payable secured by montages on plantas Common lock 510 por Rewind earnings Total abities and equity