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follow. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) Analyze and

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follow. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) Analyze and comment on the results. At Decernber 31 2015 2014 2013 Assets Cash Accounts receivable, net Merchandise ventory Prepaid expenses . Plant assets, net Total assets 31,800 $ 35,625 $ 37.800 89.500 62.500 50.200 112.500 82.500 54.000 5,000 278.500 255.000 230.500 5523.000 5000 5377500 10.700 9.375 $02750 Liabilities and Equity Accounts payable Long-term notes payable secured by $129,900 s 75.250 51.250 mortgages on plant assets Common stock. $10 par value Retained earnings Tocal labilties 98 s00 01.500 83.500 163,500 163,500 163,500 131.100104.75079.250 $523,000 $445.000 $377 500 and equity 2015 2014 2013 At December 31 Assets Cash. Accounts receivable, net.... Merchandise inventory. Prepaid e 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 on plant assets

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