Simon Company's year-end balance sheets follow.

At December 31	Current Yr				1 Yr Ago			2 Yrs Ago
Assets
Cash		$	27,053		$	32,580		$	32,617
Accounts receivable, net			80,783			55,898			44,350
Merchandise inventory			102,565			74,603			46,320
Prepaid expenses			8,976			8,468			3,660
Plant assets, net			243,775			227,720			199,253
Total assets		$	463,152		$	399,269		$	326,200
Liabilities and Equity
Accounts payable		$	114,172		$	67,476		$	41,767
Long-term notes payable secured by mortgages on plant assets			86,202			89,995			72,090
Common stock, $10 par value			163,500			163,500			163,500
Retained earnings			99,278			78,298			48,843
Total liabilities and equity		$	463,152		$	399,269		$	326,200

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?

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

SIMON COMPANY
Common-Size Comparative Balance Sheets
December 31
	Current Year		1 Year Ago		2 Years Ago
Assets
Cash		%		%		%
Accounts receivable, net
Merchandise inventory
Prepaid expenses
Plant assets, net
Total assets		%		%		%
Liabilities and Equity
Accounts payable		%		%		%
Long-term notes payable secured by mortgages on plant assets
Common stock, $10 par
Retained earnings
Total liabilities and equity		%		%		%