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 $ 28,992 $ 32,837 $ 32,877 80,629 57,465 42,100 101,375 74,461 46,223 8,695 8,452 3,689 243,476 225, 291 203,911 $ 462,267 $ 398,586 $ 328,800 $ 113,9535 66,674 $ 43,402 87,775 92,573 70,485 163,500 163,500 163,500 97,039 75,759 51,413 $ 462,267 5 398,506 5 328,800 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 % % % % % % 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 % % % % % %