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Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 29,746 $ 34,081 $ 34,436 Accounts receivable, net 86,212 60,245
Simon Company's year-end balance sheets follow.
At December 31 | 2017 | 2016 | 2015 | ||||||
Assets | |||||||||
Cash | $ | 29,746 | $ | 34,081 | $ | 34,436 | |||
Accounts receivable, net | 86,212 | 60,245 | 48,755 | ||||||
Merchandise inventory | 106,249 | 81,201 | 49,903 | ||||||
Prepaid expenses | 9,674 | 8,946 | 4,023 | ||||||
Plant assets, net | 267,290 | 245,847 | 221,483 | ||||||
Total assets | $ | 499,171 | $ | 430,320 | $ | 358,600 | |||
Liabilities and Equity | |||||||||
Accounts payable | $ | 124,294 | $ | 71,270 | $ | 47,335 | |||
Long-term notes payable secured by mortgages on plant assets | 92,906 | 97,984 | 81,628 | ||||||
Common stock, $10 par value | 163,500 | 163,500 | 163,500 | ||||||
Retained earnings | 118,471 | 97,566 | 66,137 | ||||||
Total liabilities and equity | $ | 499,171 | $ | 430,320 | $ | 358,600 | |||
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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