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Hello, I am having trouble answering this question. Could you please help me and answer it in this exact form Thanks S Exercise 13-6 Common-size
Hello, I am having trouble answering this question. Could you please help me and answer it in this exact form
Thanks
S
Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2816 2815 At December 31 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 2817 $ 29,832 32,288 33,384 43,588 49,217 3,813 289,958 88,875 181,685 9,349 58,818 76,198 Book 8,822 256,791 35,728 477,732 411,838 339,888 Hint $ 118,955 67,51344,485 Ask mortgages on plant assets Common stock, $18 par value Retained earnings Total liabilities and equity 94,723 163,588 86,182 477,732 411,838 339,888 89,814 163,588 105,463 73,594 163,588 58,3e1 rint Express the balance sheets In common-size percents. (Do not round Intermediete calculetions and round your finel percentage answers to 1 declmal 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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