Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 35,334 99,336 131,335 11,151 321,725 $ 598,881 $ 41,715 72,279 97,421 10,842 294,020 $ 516,277 $ 88,996 119,931 162,500 144,850 $ 150,613 110,338 163,500 174,430 $ 598,881 $ 516,277 $ 41,352 54,585 61,093 4,641 256,029 $ 417,700 $ 55,688 90,465 163,500 108,047 $ 417,700 For both the current year and one year ago, compute the following ratios: Exercise 13-6 (Algo) Common-size percents LO P2