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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
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 $ 26,769 80, 753 98,545 8,885 248,027 $ 462,979 $ 32, 249 $ 32,927 56,436 42,586 73,099 46,757 8,549 3,585 228,787 206,745 $ 399, 120 $ 332,600 $ 118,740 $ 68,126 $ 43,025 88, 781 91,798 74,240 163,500 163,500 163,500 91,958 75,696 51,835 $ 462,979 $ 399,120 $ 332,600 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)
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