Requited informaton [He following information applies to the guestions displayed below] simon Compary's yearend balance sheets follow. For both the current year and one year ago, compute the following ratios: 1. Express the balance sheets in common:size percents. 2. Assuming annual sales have not changed in the last theee 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 tiree years, is the change in merchandise invertory 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. (Do not round intermediate calculations and round your final percentage answers to 1 decimat place.) Required information (The following information applies to the questions displayed below] Simon Company's year end balance sheets follow. For both the current year and one year ago, compune the following ratios: 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 recelvable as a percentage of total Dssets 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. 7. Assuming annual sales have not changed in the tast three years, is the change in accounts receivable as a percentage of total ansets 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 of unfavorable? Requited informaton [He following information applies to the guestions displayed below] simon Compary's yearend balance sheets follow. For both the current year and one year ago, compute the following ratios: 1. Express the balance sheets in common:size percents. 2. Assuming annual sales have not changed in the last theee 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 tiree years, is the change in merchandise invertory 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. (Do not round intermediate calculations and round your final percentage answers to 1 decimat place.) Required information (The following information applies to the questions displayed below] Simon Company's year end balance sheets follow. For both the current year and one year ago, compune the following ratios: 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 recelvable as a percentage of total Dssets 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. 7. Assuming annual sales have not changed in the tast three years, is the change in accounts receivable as a percentage of total ansets 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 of unfavorable
