Nabisco Company's year-end balance sheets follow. Express the balance sheets in common-size percent Round amounts to the nearest one-tenth of a percent. Analyze and comment on the results. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 2015 2014 2013 $36,22942,780 44,562 57,087 62,038 4,903 311,062272,710 $ 626,575 $540,151441,300 106,073 137,408 11,548 335,317 76,377 98,929 11,003 Total ossets Liabilities and Equity Accounts payable Long-term notes payable secured s 157,577 $ 94,024 S 57,087 127,962 163,500 154,665 626,575 $540,151S441,300 116,618 163,500 188,880 99,478 163,500 121,235 by mortgages on plant assets Common stock, $10 par value Retained earnings Totol fiabilities ond equity 2) Refer to Nabisco Companys balance sheets in exercise one. Analye its year end short term liquidity position y computing (2) the current ratio and (2) the acid-test ratio. Comment at the end of 2015,2014, and 2013 b on the ratio results. (Round ratio amounts to two decimals.) 3) Refer to the Nabisco Company information in exerciss above. The company's income statements for the years ended December 31, 2035 and 2014, follow. Assume that all sates are on credit and then compute (a days sales uncollected. 12) accounts receivable turnover. 13) inventory turnover, and (4) inventory. Comment on the changes in theratiosfrom 2014 to 2015. (Round amounts to one decimal.) DQ Qs