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solve for all parts! thanks! Common-size financial statements. The balance sheet information for two companies is in the popup window Complete the common-size balance sheet

solve for all parts! thanks!
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Common-size financial statements. The balance sheet information for two companies is in the popup window Complete the common-size balance sheet for these companies Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? % of % of Total % of Total % of Total Balance Total Balance Balance Balance Co. 1 Assets Co, 2 Assets ASSETS Co. 1 Assets Co. 2 Assets LIABILITIES Current assets S 686 Cash S 12.282 % 5 295 Current liabilities % Accounts payable 9 Short-term debt $ 5.262 54053 % 0 S 1.182 360 9 $ Investments Accounts receivable 9S 219 Other short-term $ 8,070 $ 5.238 0 S 121 >$ 96 S % 96 495 Inventory Total current assets % liabilities Total current % liabilities %$ 787 $ 13,464 % $ 22.623 %$ 1,369 . % S 1,369 Total current % liabilities $ 13,464 % 787 $ % $ 301 % 13 % S 42 96 Total current assets $ 22,623 Long-term investments 77 Net plant, property and equipment $ 9,786 Goodwill $ 5,376 Intangible $ 6,156 Other $ 3,632 %1,332 % S 842 % %$ 70 % Long-term debt $ 2.815 Other liabilities S 4,919 % Total liabilities S 21.198 % OWNERS' EQUITY % Common stock $ 3,043 % Treasury stock $ -6,601 Retained earnings $ 30,010 Total owners equity $ 26,452 % s 13 % S 1,088 % 77 % $ 0 % $ 1,232 % %$ 2,320 de > Other liabilities $ 4919 % S Net plant, property 42 and equipment $ 9.786 % Total liabilities % $ 1.332 842 $ 21,198 % S Goodwill $ 5,376 % S 70 9. OWNERS' EQUITY Intangible S 5.156 96 S 13 % Common stock $ 3,043 % $ 1.088 Other $ 3,632 77 % Treasury stock $ -6,601 % $ D Retained earnings $ 30,010 % $ 1.232 Total owners equity $ 26,452 % $ 2,320 TOTAL LIABILITIES AND OWNERS' TOTAL ASSETS $ 47,650 100.00 % $ 3,162 100.00 % EQUITY $ 47,650 100,00 % $ 3,162 100.00 % % % of % of Balance Total Balance Total ASSETS Co. 1 Assets LIABILITIES Co. 1 Assets Current assets % Cash $ 12,282 1,182 S Current liabilities % Accounts payable % Short-term debt % Other short-term % liabilities % $ Investments Accounts receivable 5.262 4,053 8,070 5,238 S s $ % 0 Inventory $ 13,464 % Total current liabilities % Total current assets $ 22,623 $ 77 $ 2.815 % Long-term investments $ 4,919 % Net plant, property and equipment % Long-term debt Other liabilities % Total liabilities % OWNERS' EQUITY % 9,786 $ 21,198 $ $ Goodwill S 5,376 6,156 3,632 Intangible Other % $ % $ 3,043 $ -6,601 $ 30,010 % Common stock % Treasury stock Retained earnings Total owners' equity % $ 26,452 % $ 4,919 % Other liabilities $ 21,198 % $ Net plant, property and equipment Goodwill Intangible $ $ % $ 3,043 $ -6,601 $ 30,010 % Other 9,786 % Total liabilities 5,376 % OWNERS' EQUITY 6.156 % Common stock 3,632 % Treasury stock Retained earnings Total owners' equity TOTAL LIABILITIES 47,650 100.00 % AND OWNERS' EQUITY $ % $ 26,452 % $ 47,650 100.00 % TOTAL ASSETS

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