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Simons company year end balance sheet follows Express the balance sheet in common size percents (do not round intermediate calculations your final percentage Answers to

Simons company year end balance sheet follows
image text in transcribedExpress the balance sheet in common size percents (do not round intermediate calculations your final percentage Answers to 1 decimal place)
image text in transcribed
Simon Company's year-end balance sheets follow. At December 31 20152014 2013 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 25,540 $29,854 31,739 73,283 51,200 43166 94,932 68,348 45,980 8143 7680 3,421 230,988 216,096 196,294 320,600 Total assets $432,886 $373,178$ Liabilities and Equity Accounts payable Long-term notes payable secured by $109,944 64,328 $ 43,166 es 80.569 87548 70144 163,500 163,500 78,873 57.802 43,790 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $432.886 $ 373178 $320600 Express the balance sheets in common-size percents. (Do not round inter calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Total liabilities and equity $432886 $ 373178 $320,600 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) Common-Size Comparative Balance Sheets December 31, 2013-2015 2015 2014 2013 Cash Accounts receivable, net Prepaid expenses Plant assets, net Total assets Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par Retained earnings Total liabilities and equity Prev 7of 11:1 2

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