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Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 26,178 $ 29,388 $ 31,244 Accounts receivable, net 74,370 54,610
Simon Company's year-end balance sheets follow.
At December 31 | 2017 | 2016 | 2015 | ||||||
Assets | |||||||||
Cash | $ | 26,178 | $ | 29,388 | $ | 31,244 | |||
Accounts receivable, net | 74,370 | 54,610 | 39,636 | ||||||
Merchandise inventory | 94,450 | 71,463 | 44,379 | ||||||
Prepaid expenses | 8,597 | 8,032 | 3,438 | ||||||
Plant assets, net | 235,709 | 215,217 | 187,703 | ||||||
Total assets | $ | 439,304 | $ | 378,710 | $ | 306,400 | |||
Liabilities and Equity | |||||||||
Accounts payable | $ | 106,105 | $ | 64,642 | $ | 41,254 | |||
Long-term notes payable secured by mortgages on plant assets | 80,111 | 87,103 | 67,714 | ||||||
Common stock, $10 par value | 163,500 | 163,500 | 163,500 | ||||||
Retained earnings | 89,588 | 63,465 | 33,932 | ||||||
Total liabilities and equity | $ | 439,304 | $ | 378,710 | $ | 306,400 | |||
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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