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Exercise 17-6 Common-size percents P2 Samon Company's year-end balance sheets follow (1) Express the balance sheets in common-size peronts Round percents to one decimal
Exercise 17-6 Common-size percents P2 Samon Company's year-end balance sheets follow (1) Express the balance sheets in common-size peronts Round percents to one decimal (2) Assuming anal sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? (3) Is the change in merchandon inventory as a percentage of total assets favorable or unfavorable? At December 31 P 15 C 1Yr Age 2 Ap 71800 500 12300 62.500 50300 2.500 14.000 KDS 5000 230.00 1171000 000 $177,500 $125,00 $750 $31,250 101300 13100 50470 100 $3000 $445.000 $377300
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