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Exercise 17-6 Common-size percents LO P2 points 2017 2016 2015 $ Simon Company's year-end balance sheets At December 31 Assets Cash Accounts receivable, net Merchandise
Exercise 17-6 Common-size percents LO P2 points 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 $ 28,793 82,599 104,924 9,367 272,293 $ 497,976 $ 34,687 60, 702 81,007 8,835 244,059 $ 429,290 35,767 46,287 50, 296 3,857 217,993 354,200 eBook $ Hint $ 126,476 $ 71,099 $ 45,819 Print 96,428 163,500 111,572 $ 497,976 97,749 163,500 96,942 $ 429,290 $ 78, 278 163,500 6 6,603 354,200 Express the balance sheets in common-size percents. (Do not round intermediate calculations and r answers to 1 decimal place.) 2015 SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 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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