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The comparative balance sheets of Company follow. Express the balance sheets in common-size percents. Each formula must include the ROUND function, rounding all percents to
The comparative balance sheets of Company follow. Express the balance sheets in common-size percents. Each formula must include the ROUND function, rounding all percents to 2 decimal places (XXX.XX%). Cash Accounts receivable, net IMerchandise inventory Plant assets, net Total assets Company Comparative Balance Sheets For Years Ended December 31, 2025-2021 2025 2024 2023 $5,000 $6,000 $7,000 11,000 13,000 15,000 33,000 39,000 45,000 41,000 49,000 56,000 $90,000 $107,000 $123,000 2022 $6,000 13,000 39,000 49,000 $107,000 2021 $5,000 11,000 33,000 41,000 $90,000 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity $12,000 10,000 14,000 54,000 $90,000 $14,000 11,000 15,000 67,000 $107,000 $17,000 14,000 20,000 72,000 $123,000 $14,000 11,000 15,000 67,000 $107,000 $12,000 10,000 14,000 54,000 $90,000 1 2025 2024 2023 2022 2021 Cash Accounts receivable, net Merchandise inventory Plant assets, net Total assets 1 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity 1
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