Common-size financial statements. The balance sheet information for two companies is in the popup window. 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 companios? Complete the table below: (Round up to two decimal places.) % of % of Total Balance Total Balance Co. 1 Co. 1 Assets $ $ 12.259 1.080 $ ASSETS Current assets Cash Investments Accounts receivable Inventory Total current assets $ $ 5,399 4,035 8,130 5,227 Assets LIABILITIES Current liabilities % Accounts payable % Short-term debt % Other short-term % liabilities % Total current liabilities % Long-term debt Other liabilities $ 0 $ % $ $ 22,791 88 $ 13,319 $ 2,896 $ 4,848 % $ $ 21,063 % Long-term investments Net plant, property and equipment Goodwill Intangible $ 9,738 $ 5,293 % Total liabilities % OWNERS' EQUITY % Common stock 3,105 % $ 6,008 Enter any number in the edit fields and then click Check Answer Answn