Exercise 17-6 Common-size percents LO P2 2017 2016 2015 $ $ $ Simon Company's year-end balance sheets At December 31 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 value Retained earnings Total liabilities and equity 30,592 86,891 110,364 9,852 280,805 518,504 35,401 61,326 81,039 9,387 259,833 446,986 35,416 48,682 53,417 3,976 227,309 368,800 $ $ $ $ 127,816 $ 77,051 $ 47,708 96,504 163,500 130,684 518,504 104,863 163,500 101,572 $ 446,986 79,875 163,500 77,717 368,800 $ $ 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 Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 Assets Cash 30,592.0 % % % 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 % % %