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Common-size financial statements. The balance sheet information for two companies is in the popup window: EEB. Complete the common-size balance sheet for these companies. Review
Common-size financial statements. The balance sheet information for two companies is in the popup window: EEB. 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 Balance Total %of Balance Total Assets Co. 1 Co. 1 ASSETS Current assets Cash Assets LIABILITIES Current liabilities 5219| 4,014[ $ 12,272| |% $ 1,173 | % Accounts payable |Short-term debt | Other short-term $ 1% Accounts receivable |$ 8,066| | % $ 5,2241-1961 liabilities 0 Total current assets Long-term investments Net plant, property 22,523 |S 7011 % Total current liabilities |Long-term debt Other liabilities $ 13,445 $ 2,846| |96 $4,974 1% Enter any number in the edit fields and then continue to the next
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