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Exercise 17-6 Common-size percents LO P2 Simon Company's year-end balance sheets At December 31 2017 2016 2015 Assets Cash $25,484 $29,789 $30, 720 Accounts receivable,
Exercise 17-6 Common-size percents LO P2 Simon Company's year-end balance sheets At December 31 2017 2016 2015 Assets Cash $25,484 $29,789 $30, 720 Accounts receivable, net 76,077 52,652 40,140 Merchandise inventory 93,795 68,887 43,181 Prepaid expenses 8,289 7,585 3,482 Plant assets, net 228,293 213,447 192,777 Total assets 431.939372.360 310, 300 109,704 $64,187 $41,369 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings 82,828 86.49966.519 163,500 163,500 163,500 75.906 58,174 38,912 Total liabilities and equity 431,938 372,360 310,300 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, S10 par Retained earnings Total liabilities and equity
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