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Simon Company's year-end balance sheets follow. At December 31 2014 2013 2012 Assets Cash $ 36,655 $ 42,015 $ 41,233 Accounts receivable, net 101,081 73,526
Simon Company's year-end balance sheets follow.
At December 31 | 2014 | 2013 | 2012 | |||||||
Assets | ||||||||||
Cash | $ | 36,655 | $ | 42,015 | $ | 41,233 | ||||
Accounts receivable, net | 101,081 | 73,526 | 54,422 | |||||||
Merchandise inventory | 127,091 | 98,121 | 58,545 | |||||||
Prepaid expenses | 11,575 | 10,920 | 4,535 | |||||||
Plant assets, net | 326,781 | 295,403 | 261,965 | |||||||
Total assets | $ | 603,183 | $ | 519,985 | $ | 420,700 | ||||
Liabilities and Equity | ||||||||||
Accounts payable | $ | 153,196 | $ | 87,877 | $ | 54,422 | ||||
Long-term notes payable secured by mortgages on plant assets | 112,264 | 119,597 | 90,185 | |||||||
Common stock, $10 par value | 163,500 | 163,500 | 163,500 | |||||||
Retained earnings | 174,223 | 149,011 | 112,593 | |||||||
Total liabilities and equity | $ | 603,183 | $ | 519,985 | $ | 420,700 | ||||
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final answers to 1 decimal place.)
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