Content X Question 6 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero x Course Hero X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.pmi.edu%252Fwebapps%252Fblackb... Update : Ch. 17 Assignment i Saved Help Save & Exit Submit Check my work 6 Required information 1. Express the balance sheets in common-size percents. Part 1 of 5 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total 1.08 assets favorable or unfavorable? points Complete this question by entering your answers in the tabs below. eBook Reg 1 Req 2 and 3 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage Hint answers to 1 decimal place.) SIMON COMPANY Print Common-Size Comparative Balance Sheets December 31 Current Year 1 Year Ago 2 Years Ago References Assets Cash % % % Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets % % % Liabilities and Equity Accounts payable % % % Long-term notes payable Mc Graw HillContent X Question 6 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero x Course Hero X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.pmi.edu%252Fwebapps%252Fblackb... Update : Ch. 17 Assignment i Saved Help Save & Exit Submit Check my work 6 assets lavulavie VI UIIIaVUIauIE: Required information Part 1 of 5 Complete this question by entering your answers in the tabs below. 1.08 Req 1 Req 2 and 3 points Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY eBook Common-Size Comparative Balance Sheets December 31 Hint Current Year 1 Year Ago 2 Years Ago Assets Cash % % % Print Accounts receivable, net Merchandise inventory Prepaid expenses References Plant assets, net Total assets % % % Liabilities and Equity Accounts payable % % % Long-term notes payable Common stock, $10 par Retained earnings 6 - Total liabilities and equity % % % Mc Graw HillContent X Question 6 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero x Course Hero X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.pmi.edu%252Fwebapps%252Fblackb... Update : Ch. 17 Assignment i Saved Help Save & Exit Submit Check my work 6 EVAPPICA 17 6 IRINAIRAN Required information 1. Express the balance streets in Common-size percents. 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total Part 1 of 5 assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable? 1.08 points Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 eBook 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? Hint 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable? Show less Print 2. Change in accounts receivable 3. Change in merchandise inventory References Req 1 Req 2 and 3 > Mc Graw Hill