Simon Company's year-end balance sheets follow.

At December 31	Current Yr				1 Yr Ago			2 Yrs Ago
Assets
Cash		$	37,370		$	41,541		$	43,281
Accounts receivable, net			106,186			76,444			57,707
Merchandise inventory			133,509			99,034			63,346
Prepaid expenses			11,798			11,017			4,858
Plant assets, net			332,108			307,284			276,908
Total assets		$	620,971		$	535,320		$	446,100
Liabilities and Equity
Accounts payable		$	156,168		$	88,660		$	60,063
Long-term notes payable secured by mortgages on plant assets			119,077			119,430			97,602
Common stock, $10 par value			163,500			163,500			163,500
Retained earnings			182,226			163,730			124,935
Total liabilities and equity		$	620,971		$	535,320		$	446,100

1. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) 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?

1 Simon Company year-end balance sheets follow At December 31 Assets Current $ 37,370 106,106 133,50 11,790 333.10 $ 679,071 $ 41,541 $ 43,201 76,44 57.707 99,034 63,946 11,017 4,055 2071 264 276,90 $335,320 446,100 Accounts receivable, net Merchandise Inventory Prepaid expenses plant assets, Tet Total assets Liabilities and Equity Accounts payable Long-term notes payable recured by moetgages on plant annet Common stock, $10 par value Retained earnings Totel labilities and equity $ 156,168 119,02 163,500 102,220 $ 60,971 $ 38,660 $ 60,068 119,450 97,602 153,500 163,500 163,230 124.215 $ 535,32e5 446,100 AK 1. Express the balance sheets in common-size percents. (Do not round Intermediate calculations and round your f answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percer assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a per assets favorable or unfavorable? forences Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Express the balance sheets in common-site percents (Do not found intermediate calculations and round your final Barcer answers to 1 decimat place SIMON COMPANY Common Sir Compartive Balance Sheets December 31 Corrent Year 1 Year Ago 2 Years Ago Assets Cash Accounts receivable.net Merchandisinventory Prepaid expenses Plan assets not Total assets Liabilities and Equity Accounts payable Longterm notes payable secured by mortgages on plant assets Common stock, 510 par Relined earnings Total liabilities and equity Reg 2 and 3 > Oh.11813-6. God Google ocation.com/inde con contextual browenta connect.cat 136 Help Save & Exit Cheche Simon Company's year-end balance sheets follow Current 37.370 100, 100 133,599 At Deceber 31 Assets Cash Accounts receivable, et Merchandise inventory Prepaid expenses Pant assets, nes Total acts abilities and Equity Accounts payable Long-term noces payable secured by Orgon plantas Con stock, $10 per value Retained ning Total lettes and equity 100 51,541 543,283 76,464 57,707 99,034 11.017 4,633 3022 376.94 595,330 $ 446.100 3321 $60.971 $ 156,168 319,077 165,500 183,226 $620,971 $ 38,660 S 69,963 119.430 97,602 161,500 363.560 163,79 124,935 $ 535,20 5456,100 1. Express the balance sheets in common size percents (Do not round intermediate calculations and round your final percentag answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorabile or unfavorable? 3. Assuming annual sales have not changed in the last three years is the change in merchandise inventory as a percentage of tota assets favorable or unfavorable? Complete this question by entering your answers in the tabs below Regt Reg 2 and 3 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 Assuming annual sales have not changed in the last three years, is the chan in merchandise inventory as a percentage of total assets favorable or unfavorable Show less 2. Change in accounts receivable 3. Change in marcha de Inventory Reg 1 1 Simon Company year-end balance sheets follow At December 31 Assets Current $ 37,370 106,106 133,50 11,790 333.10 $ 679,071 $ 41,541 $ 43,201 76,44 57.707 99,034 63,946 11,017 4,055 2071 264 276,90 $335,320 446,100 Accounts receivable, net Merchandise Inventory Prepaid expenses plant assets, Tet Total assets Liabilities and Equity Accounts payable Long-term notes payable recured by moetgages on plant annet Common stock, $10 par value Retained earnings Totel labilities and equity $ 156,168 119,02 163,500 102,220 $ 60,971 $ 38,660 $ 60,068 119,450 97,602 153,500 163,500 163,230 124.215 $ 535,32e5 446,100 AK 1. Express the balance sheets in common-size percents. (Do not round Intermediate calculations and round your f answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percer assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a per assets favorable or unfavorable? forences Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Express the balance sheets in common-site percents (Do not found intermediate calculations and round your final Barcer answers to 1 decimat place SIMON COMPANY Common Sir Compartive Balance Sheets December 31 Corrent Year 1 Year Ago 2 Years Ago Assets Cash Accounts receivable.net Merchandisinventory Prepaid expenses Plan assets not Total assets Liabilities and Equity Accounts payable Longterm notes payable secured by mortgages on plant assets Common stock, 510 par Relined earnings Total liabilities and equity Reg 2 and 3 > Oh.11813-6. God Google ocation.com/inde con contextual browenta connect.cat 136 Help Save & Exit Cheche Simon Company's year-end balance sheets follow Current 37.370 100, 100 133,599 At Deceber 31 Assets Cash Accounts receivable, et Merchandise inventory Prepaid expenses Pant assets, nes Total acts abilities and Equity Accounts payable Long-term noces payable secured by Orgon plantas Con stock, $10 per value Retained ning Total lettes and equity 100 51,541 543,283 76,464 57,707 99,034 11.017 4,633 3022 376.94 595,330 $ 446.100 3321 $60.971 $ 156,168 319,077 165,500 183,226 $620,971 $ 38,660 S 69,963 119.430 97,602 161,500 363.560 163,79 124,935 $ 535,20 5456,100 1. Express the balance sheets in common size percents (Do not round intermediate calculations and round your final percentag answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorabile or unfavorable? 3. Assuming annual sales have not changed in the last three years is the change in merchandise inventory as a percentage of tota assets favorable or unfavorable? Complete this question by entering your answers in the tabs below Regt Reg 2 and 3 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 Assuming annual sales have not changed in the last three years, is the chan in merchandise inventory as a percentage of total assets favorable or unfavorable Show less 2. Change in accounts receivable 3. Change in marcha de Inventory Reg 1