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Express the balance sheets in common-size percents Simon Company' s year-end balance sheets At December 31 AssetS Cash Accounts receivable, net Merchandise inventory Prepaid expenses

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Simon Company' s year-end balance sheets At December 31 AssetS Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 2017 2016 2015 $35,155 $39,885 $40,707 100,892 69,093 57,074 125,59695,028 58,990 10,988 10,470 4,710 311,537 289,117 262,419 Total assets 584,168 503,593 423,900 Liabilities and Equity Accounts payable Long-term notes payable $82,554 $54,836 145,458 secured by mortgages on plant assets 112,020 113,510 92,745 Common stock, $10 par value163,500 163,500 163,500 163,190 144,029 112,819 Retained earnings Total liabilities and equity 584,168 503,593 423,900 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPAN 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

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