Simon Company's year$-$end balance sheets follow.

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

Assuming annual sales have not changed in the last three years, is the change in accounts receivable as

assets favorable or unfavorable?

Assuming annual sales have not changed in the last three years, is the change in merchandise inventory

assets favorable or unfavorable?

Complete this question by entering your answers in the tabs below.

Req $1$

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

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