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QUESTION 2 The comparative balance sheet for Seasons Corp is shown below. Express the balance sheet in common-size percentages. (Round all percentages to two decimals)
QUESTION 2 The comparative balance sheet for Seasons Corp is shown below. Express the balance sheet in common-size percentages. (Round all percentages to two decimals) Seasons Corp Comparative Balance Sheet December 31. Years 1-3 Year 2 Year l Year 5 Cash Accounts recevable Merchandise inventory Plant and equipment (net) Total Assets S 15.000 23.000 17,000 27.000 73,000 351.000 182.000 69.000 157.000 343.000 33.000 109.000 S 584.000 516.000 299.000 Account payable Bonds payable Common shares Retained earnings S 113,000 49.000 47.000 62.000 150,000 40.000 Total Liabilites and Equity 584.000 516,000 299,000 121.000 250,000 100.000 143,000 250,000 74.000
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