Complete the table below: (Round up to two decimal places.) % of Balance Total Balance Co. 2 % of Total Assets ASSETS Co. 2 Assets LIABILITIES Current assets Cash $ 309 667 % $ $ $ Current liabilities % Accounts payable % Short-term debt % Other short-term liabilities 358 0 % $ 230 495 1,392 $ 121 % $ $ 788 Investments Accounts receivable Inventory Total current assets Long-term investments Net plant, property and equipment Goodwill Intangible Ya % $ 302 $ 17 $ 55 % $ 1,387 $ 860 % $ 64 % Total current liabilities % Long-term debt Other liabilities % Total liabilities % OWNERS' EQUITY % Common stock % Treasury stock Retained earnings Total owners' equity TOTAL LIABILITIES $ 17 $ 1,060 % % Other $ 77 $ 0 % $ % 1,319 2,379 $ 55.64 % TOTAL ASSETS $ 3,239 100.00 % AND OWNERS' EQUITY $ 3,239 100.00 % 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 companies? RE Complete the table below: (Round up to two decimal places.) - % of % of Data table Total Balance Total Balance Co. 1 ASSETS Assets LIABILITIES Co. 1 Assets % of % of % of % of Current assets Current liabilities Total Balance Balance Total Cash Total Balance Balance Total $ 5,321 $ 12,330 $ 1,123 25.76 % 2.35 % ASSETS Co. 1 Assets Co. 2 Assets LIABILITIES Co. 1 Assets Co. 2 Assets Investments $ 4,155 8,085 Current assets Current liabilities Accounts receivable $ Cash 11.12 % Accounts payable 8.68 % Short-term debt 16.89 % Other short-term 11.28 % liabilities 47.97 % Total current liabilities 0.17 % Long-term debt Other liabilities 5,399 0.00 % % $ 309 667 5 $ % 0 $ Inventory Total current assets $ 12,330 $ 1,123 $ % $ 358 28.11 % % Accounts payable % Short-term debt % Other short-term 0 % $ % $ $ 22,960 82. Investments Accounts receivable 13,453 2,898 5,321 4,155 8,085 5,399 $ % $ Long-term investments $ 6.06 % $ 230 495 $ Inventory $ % % 10.19 % liabilities $ 0 % $ S 121 % 4,878 Net plant, property and equipment $ $ 21,229 44.36 % $ Goodwill Intangible Other $ $ 9,877 20.64 % Total liabilities 5,208 10.88 % OWNERS' EQUITY 6,005 12.55 % Common stock 3,729 7.79 % Treasury stock Retained earnings Total owners' equity TOTAL LIABILITIES 47,861 100.00 % AND OWNERS' EQUITY $ $ 3,028 6.33 % $ -6,698 -13.99 % $ 30,302 63.31 % $ 26,632 55.64 % 6,005 Total current assets $ 22,960 % $ 1,392 % Total current liabilities $ 13,453 $ 788 % Long-term investments $ 82 % $ 302 % Long-term debt $ 2,898 % $ 17 % Net plant, property Other liabilities $ 4,878 55 % and equipment $ 9,877 % $ 1,387 % Total liabilities $ 21,229 % $ 860 % Goodwill $ $ 5,208 % $ 64 % OWNERS' EQUITY Intangible $ % $ 17 % Common stock $ 3,028 % $ 1,060 % Other $ 3,729 % $ 77 % Treasury stock $ -6,698 % $ % Retained earnings $ 30,302 % $ 1,319 % Total owners' equity $ 26,632 % $ 2,379 % TOTAL LIABILITIES TOTAL ASSETS $ 47,861 100.00 % $ 3,239100.00 % AND OWNERS' EQUITY $ 47,861 100.00 % $ 3,239 100.00 % Right click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents intas enreadsheet TOTAL ASSETS $ $ 47,861 100.00 % Complete the table below: (Round up to two decimal places.) % of % of Balance Total Balance Total ASSETS Co2 Ascote LIABILITIES Co? Ascote
