Simon Company's year-end balance sheets follow.

At December 31	Current Year	1 Year Ago	2 Years Ago
Assets
Cash	$ 31,830	$ 36,101	$ 37,989
Accounts receivable, net	90,425	64,466	50,652
Merchandise inventory	112,544	87,742	54,489
Prepaid expenses	10,250	9,476	4,138
Plant assets, net	289,095	262,684	228,932
Total assets	$ 534,144	$ 460,469	$ 376,200
Liabilities and Equity
Accounts payable	$ 135,662	$ 76,263	$ 50,652
Long-term notes payable	102,427	104,849	85,634
Common stock, $10 par value	163,500	162,500	163,500
Retained earnings	132,555	116,857	76,414
Total liabilities and equity	$ 534,144	$ 460,469	$ 376,200

For both the current year and one year ago, compute the following ratios:

1. Express the balance sheets in common-size percents.
2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable?
3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable?

important

need common size comparetive balance sheet current year, 1 year ago, 2 years ago

2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable?