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Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow At Assets Cash Accounts receivable, net Merchandise inventory Prepaid exponses Plant assets, net

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Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow At Assets Cash Accounts receivable, net Merchandise inventory Prepaid exponses Plant assets, net Total ansets Liabilities and Equity Accounts payable Long-term notes payable secured by s 32,064 39,798 41,066 5,80466,941 52,586 120,456 92,032 59,486 4,518 301,291 273,968 253,044 560,260 482,983 410,700 10,645 10,244 139,505 79,175 54,755 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 105,329 112,197 88,949 163,500163,500 163,500 103,496 560,260 482,983 410,700 Expres answers to 1 decimal place.) s the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2016 2015 2017 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par Retained earnings Total liabilities and equity

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