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Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid
Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 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 value Retained earnings Total liabilities and equity $ 32,464 95,023 117, 131 10,144 290,032 $ 544,794 $ 36,445 $ 37,595 67,724 51,662 84,279 55,575 10, 159 4,135 271,043 238,533 $ 469,650 $ 387,500 $ 135,654 $ 77,783 $ 50,127 101,397 163,500 144, 243 $ 544,794 104,779 85,638 163,500 163,500 123,588 88,235 $ 469,650 $ 387,500 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 100.0 % 100.0 % 100.0 % 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 100.0 % 100.0 % 100.0 %
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