How do I calculate?

Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 29, 751 33, 088 $ 35, 159 Accounts receivable, net 81, 203 58 , 494 45,969 Merchandise inventory 104,203 78, 076 19, 941 Prepaid expenses 9 , 48 8 8, 685 3,793 Plant assets, net 264,916 243, 692 209,938 Total assets $ 489, 561 $ 422, 035 $ 344, 800 Liabilities and Equity Accounts payable $ 119, 463 $ 73, 464 $ 44, 148 Long-term notes payable secured by mortgages on plant assets 91, 117 95 , 127 76,963 Common stock, $10 par value 163,500 163,500 163, 500 Retained earnings 115, 481 89 , 944 60,189 Total liabilities and equity $ 489, 561 $ 422, 035 $ 344, 800 1. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) 2. Assuming annual 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. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable? Complete this question by entering your answers in the tabs below. Req Req 2 and 3 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31 Current Year 1 Year Ago 2 Years Ago 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 % % %