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Homework: Chapter 4 Homework Score: 0 of 1 pt P4-1 (similar to) Save 1 of 6 (1 complete)> HW Score: 0%, 0 of 6 pts

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Homework: Chapter 4 Homework Score: 0 of 1 pt P4-1 (similar to) Save 1 of 6 (1 complete)> HW Score: 0%, 0 of 6 pts Question Help (Preparing common-size financial statements) As the newest hire to the financial analysis group at Patterson Printing Company, you have been asked to perform a basis financial analysis of the company's most recent financial statements. The 2016 balance sheet and income statement for the Patterson are shown here: ElB a. After discussing your training asignment with a fellow analyst who was hired last year, you learn that the first step in your completing the a ent is to prepare a common-size balance sheet for Patterson b. The second step is to prepare a common-size income statement for the firm a. After discussing your training asignment with a fellow analyst who was hired last year, you learn that the first step in your c Complete the common-size balance sheet below (Round to one decimal place.) Data Table Patterson Printing Company Balance Sheet, December 31, 2016 Common-Size Balance Sheet 2016 Cash and marketable securities Accounts receivable Inventory 500 $500 5,990 9,480 $15,970 17,030 $33,000 $7,150 6,830 $13,980 7,030 $21,010 11,990 $33,000 Cash and marketable securities Accounts receivable Inventory 5,990 9480 15,970 17,030 33,000 7.150| Total current assets Total current assets Net property, plant, and equipment Net property, plant, and equipment Total assets Total assets Accounts payable Short-term debt Accounts payable | % Total current liabilities Long-term liabilities Total liabilities Total common stockholders' equity Total liabilities and stockholders equity Enter any number in the edit fields and then click Check Answer. Clear All remaining

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