Common-size financial statements. The balance sheet information for two companies is in the popup window: B. Complete the common-size balance sheet for these companies. Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? Complete the table below: (Round up to two decimal places.) % of % of Total Total Balance Co. 1 Balance Co. 1 Assets LIABILITIES Assets ASSETS Current assets Cash Current liabilities S 5,230 $ 12,301 % S 4,0741 % Accounts payable % Short-term debt % Other short-term S 1,118 Investments Accounts receivable % S 8,150 5,276 Inventory S % liabilities S 0 0 % Total current assets S 22,730 % Total current liabilities $ 13,419 % S 85 % Long-term debt S 2,891 % Other liabilities S 4,901 S 9,7141 % Total liabilities $ 21,211 % Long-term investments Net plant, property and equipment Goodwill Intangible Other S 5,286 % OWNERS' EQUITY S 6,154 % Common stock S 3,698 S 3,091 $ -6,639 $ 30,004 % Treasury stock Retained earnings Total owners' equity % % $ 26,456 % TOTAL LIABILITIES TOTAL ASSETS S 47,667 100.00 % AND OWNERS' EQUITY $ 47,667 100.00 %