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Can you please show me how to solve this. Thank you Simon Company's year-end balance sheets At December 31 Assets Cash Accounts receivable, net Merchandise
Can you please show me how to solve this. Thank you
Simon Company's year-end balance sheets At December 31 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 2017 2016 2015 $ 37,187 44,346 $45,72.3 58,597 63,673 4,834 275,573 $ 636,657 548,842 448,400 105,602 132,775 11,855 349,238 74,533 100,520 11,871 317,572 $ 153,772 $ 93,682 $59,781 mortgages on plant assets Common Retained earnings Total liabilities and equity 120,888 163,500 198,497 $ 636,657 102,069 163,500 123,050 548,842 $ 448,400 126,234 163,500 165,426 stock, $10 par value 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 Common stock, $10 par Retained earnings Total liabilities and equityStep by Step Solution
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