Exercise 17-6 Common-size percents LO P2 Simon Company's year-end balance sheets At December 31 2017 2016 2015 Assets Cash $34,160 $38,755 $39,586 Accounts receivable, net 99,005 69,877 52,259 Merchandise inventory 120,819 89,621 57,342 Prepaid expenses 10,677 10,070 4,224 Plant assets, net 302,964 281,009 242,489 $ $ $ Total assets 567,625 489,332 395,900 Liabilities and Equity $ Accounts payable $81,043 $51,736 137,098 Long-term notes payable secured by mortgages on plant assets 104,579 110,295 89,244 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 162,448 134,494 91,420 $ $ $ Total liabilities and equity 567,625 489,332 395,900 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 % % %