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Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 31,484 $ 36,802 $ 38,366 Accounts receivable, net 87,707 62,528
Simon Company's year-end balance sheets follow.
At December 31 | 2017 | 2016 | 2015 | ||||||
Assets | |||||||||
Cash | $ | 31,484 | $ | 36,802 | $ | 38,366 | |||
Accounts receivable, net | 87,707 | 62,528 | 51,155 | ||||||
Merchandise inventory | 113,616 | 82,626 | 55,575 | ||||||
Prepaid expenses | 9,647 | 9,379 | 4,136 | ||||||
Plant assets, net | 275,633 | 255,292 | 234,468 | ||||||
Total assets | $ | 518,087 | $ | 446,627 | $ | 383,700 | |||
Liabilities and Equity | |||||||||
Accounts payable | $ | 126,424 | $ | 75,480 | $ | 49,129 | |||
Long-term notes payable secured by mortgages on plant assets | 98,374 | 105,806 | 86,494 | ||||||
Common stock, $10 par value | 163,500 | 163,500 | 163,500 | ||||||
Retained earnings | 129,789 | 101,841 | 84,577 | ||||||
Total liabilities and equity | $ | 518,087 | $ | 446,627 | $ | 383,700 | |||
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)
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