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SImon Company's yearend balance sheets follow.

At Decenber $31$ Assets

Cash

Accounts recelvable, net

Merchandise Inventory

Prepaid expenses

Plant assets, net

Total assets

Liabilities and Equity

Accourits payable

Long$-$term notes payable

Common stock, $$10$ par value

Retalned earnings

Total llabilities and equity

For both the current year and one year ago, compute the following ratlos:

Express the balance sheets in common$-$slze percents.

Assuming annual sales have not changed in the last three years, Is the change in accounts recelvable as a percentage of total assets favorable or unfavorable?

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.

Req $2$ and $3$

Express the balance sheets in common$-$size percents.

Note: Do not round intermediate calculations and round your final percentage answers to $1$ decimal place.