part 1 help!

Simon Company's year-end balance sheets follow Current Yr 1 Yr Ag9 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tere notes payable secured by mortgages on plant assets Common stock, sie par value Retained earnings Total Habilities and equity $ 35,511 102,920 138,684 11,096 315,704 $ 595,915 $ 41,920 $ 41,958 70,482 55,379 94,088 61,398 10, 680 4,803 296,550 264,562 $ 513,720 $ 428,100 $ 149,867 $ 88,5555 55,379 112,032 163,500 170,516 $ 595, 915 118, 156 96,582 163,500 163,500 143509 112,719 $ 513,720 428,100 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