Round to 2 decimal places please!

Common-size financial statements. The balance sheet information for two companies is in the popup window Complete the common-size balance sheet for these companies. Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? Complete the table below (Round up to two decimal places.) % of Balance % of Total Total Balance Co. 1 Assets LIABILITIES Co. 1 Assets $ $ 12,341 % % S 5,227 4,190 8,001 $ ASSETS Current assets Cash Investments Accounts receivable Inventory Total current assets Long-term investments Not plant, property 1,125 $ Current liabilities % Accounts payable % Short-term debt % Other short-term % liabilities % Total current liabilities % Long-term debt Other liabilities S 0 S 5,339 $22,757 $ 71 $ 13,466 $ 2,872 $ 4,992 % ***** $ 9,794 $ 21,330 $ and equipment Goodwill Intangible Other $ 5,349 6,135 3,613 % % Total liabilities % OWNERS' EQUITY % Common stock % Treasury stock Retained earnings Total owners' equity $ $ 3,060 $ -6,616 $ 29,945 % % % $ 26,389 View an example Etext pages Get more help - Clear all Check answer Common-site financial statements. The balance sheet information for two companies is in the popup window mm Complete the common-size balance sheet for these companies. Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? should Balance Co. 1 Total Assets A $ 12.341 $ 1.125 % % ASSETS Current assets Cash Investments Accounts receivable Inventory Total current assets Long-term investments Net plant, property and equipment Goodwill Intangible Other $ 0 $ 13,466 $ 2,872 % ***** 5 Balance Total Co. 1 Assets LIABILITIES Current liabilities $ 5.227 % Accounts payable $ 4,190 % Short-term debt S 8,001 % Other short-term $ 5.339 labilities $ 22,757 % Total current liabilities 5 71 % Long-term debt Other abilities 5 9,704 % Total liabilities S 5.340 % OWNERS' EQUITY 6.135 % Common stock 2013 % Treasury stock Retained earnings Total owners' equity TOTAL LIABILITIES $ 47,719100,00 % AND OWNERS' EQUITY 4,992 $ 21.330 % % * 5 3.000 $ 6.616 $ 21,945 $ 20,380 % $ 47,719 100,00 % TOTAL ASSETS Clear all Check answe Etavt NAGAS Get more help