Question 1

The 2013 and 2014 balance sheets for Ottoman Manufacturing Company appear below:

		2013		2014
Current Assets
Cash		$16,250		$15,040
Accounts Receivable, net		18,820		20,170
Inventory		32,150		26,150
Total Current Assets		67,220		61,360
Plant & Equipment, net		63,300		42,820
Total Assets		130,520		104,180
Current Liabilities		18,490		30,650
Noncurrent Liabilities		58,660		36,100
Total Liabilities		77,150		66,750
Stockholders Equity
Common Stock		1,990		1,990
Additional Paid-In Capital		4,290		4,290
Retained Earnings		47,090		31,150
Total Stockholders Equity		53,370		37,430
Total liabilities and Stockholders Equity		$130,520		$104,180

Prepare a common-size balance sheet for 2014. (Round common-size answers to 2 decimal places, e.g. 16.45%.)

2014 Common-Size Accounts receivable, net Additional paid-in capital Cash Common stock Current assets Current liabilities Inventory Noncurrent liabilities Plant & equipment, net Retained earnings Stockholders' equity Total assets Total current assets Total liabilities Total liabilities and stockholders' equity Total stockholders' equity 0 0 0 0 0 0 0 0