You received panisl credit in the previous attempit. You received partial credit in th Siruon cormanys year-end balance sheets follow For both the curengyear and one yean aqo conpute the folowing ratios. cise 17.6 (Algo) Comrion-size percents LOP2 1. Express the balance sheets in common-size percents. 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. Express the balance sheets in common-size percents. Noth os iot round interngodiate calculationg and round your final percentage answers to 1 decimal place. For both the currentyear and one year ago, compute the following ratios: You received panisl credit in the previous attempit. You received partial credit in th Siruon cormanys year-end balance sheets follow For both the curengyear and one yean aqo conpute the folowing ratios. cise 17.6 (Algo) Comrion-size percents LOP2 1. Express the balance sheets in common-size percents. 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. Express the balance sheets in common-size percents. Noth os iot round interngodiate calculationg and round your final percentage answers to 1 decimal place. For both the currentyear and one year ago, compute the following ratios