Compare and contrast the two common-size balance sheets below. Firm A may belong to an auto manufacturer, and Firm B may belong to a computer manufacturer. Is this statement true or false?

Common Size Balance Sheets
Assets	Firm A	Firm B
Cash	10.60%	26.70%
Accounts receivable	0.90%	18.80%
Inventory	2.90%	1.70%
Other current assets	5.00%	7.90%
Total current assets	19.40%	55.10%
Net plant and equipment	13.30%	7.90%
Other long-term assets	67.30%	37.10%
Total assets	100.00%	100.00%
Liabilities
Accounts payable	6.50%	37.90%
Notes payable	0.60%	0.00%
Other current liabilities	19.00%	18.50%
Total current liabilities	26.00%	56.40%
Long-term debt	56.30%	2.60%
Other liabilities	13.90%	8.40%
Total liabilities	96.30%	67.50%
Common equity	1.00%	0.80%
Retained earnings	2.70%	31.70%
Total stockholders equity	3.70%	32.50%
Total liabilities and equity	100.00%	100.00%

True or False