Save work Question Help Score: 0 of 1 pt 1 of 10 complete HW Score: 0%, 0 of 10 pts P4-1 (similar to) (Preparing common size financial statements) As the new hire to the facilis group Person Printing Company, you have been asked to performa basis financial analysis of the company's most recent financial statements. The 2016 balance sheet and income statement for the Patterson are shown here: a. After discussing your training asignment with a folow analyst who was hired last year, you loom rate the first step in your completing the assignment is to propera b. The second step is to prepare a common se income statement for the fim a. Alter discussing your training animent with a follow any who was hired last year, you learn that the first step in your completing the signment is to prepare common size balance sheet for Patterson Complete the common si balance sheet below (Round to one come place) Commen Size Balance Sheet 550 2016 Cash and marketable securities $ Accounts receivable 5.040 Inventory Tobal current 0.490 $ 16.080 Enter any number in the edit fields and then click Check Answer Net property, plant, and equipment 16,980 33,060 Total assets % Accounts payable 7,190 % Short-term debt 6,760 Total current liabilities $ 13,950 6.960 Long-term liabilities Total liabilities 20,910 12.150 Total common stockholders' equity Total liabilities and shareholders' equity $ 33,060 % Enter any number in the edit fields and then click Check Answer. Save work Question Help Score: 0 of 1 pt 1 of 10 complete HW Score: 0%, 0 of 10 pts P4-1 (similar to) (Preparing common size financial statements) As the new hire to the facilis group Person Printing Company, you have been asked to performa basis financial analysis of the company's most recent financial statements. The 2016 balance sheet and income statement for the Patterson are shown here: a. After discussing your training asignment with a folow analyst who was hired last year, you loom rate the first step in your completing the assignment is to propera b. The second step is to prepare a common se income statement for the fim a. Alter discussing your training animent with a follow any who was hired last year, you learn that the first step in your completing the signment is to prepare common size balance sheet for Patterson Complete the common si balance sheet below (Round to one come place) Commen Size Balance Sheet 550 2016 Cash and marketable securities $ Accounts receivable 5.040 Inventory Tobal current 0.490 $ 16.080 Enter any number in the edit fields and then click Check Answer Net property, plant, and equipment 16,980 33,060 Total assets % Accounts payable 7,190 % Short-term debt 6,760 Total current liabilities $ 13,950 6.960 Long-term liabilities Total liabilities 20,910 12.150 Total common stockholders' equity Total liabilities and shareholders' equity $ 33,060 % Enter any number in the edit fields and then click Check