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THULOPU Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets $ 26,558 78,527 99,710 8,898 249,982 $ 454,675 $ 31,984 $ 32,657
THULOPU Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets $ 26,558 78,527 99,710 8,898 249,982 $ 454,675 $ 31,984 $ 32,657 53,777 43,116 71,788 46,382 8,313 3,593 226,099 197,652 $ 391,961 $ 323,400 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 $ 113,214 $ 66,241 42,689 82,915 163,500 95,046 $ 454,675 91,954 73,616 163,500 163,500 70,266 43,595 $ 391,961 $ 323,400 ces 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? Complete this question by entering your answers in the tabs below. eBook Express the balance sheets in common-size percents. (Do not round intermediate calculations and round you answers to 1 decimal place.) SIMON COMPANY Hint Common-Size Comparative Balance Sheets December 31 Current Year 1 Year Ago 2 Years Ago Print Assets Cash % % % References % % % 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 % % 06 % % % Req 2 and 3 Req 1 Reg 2 and 3 Assuming annual sales have not changed in the last three years, is the change in accounts assets favorable or unfavorable? Assuming annual sales have not changed in the last three years, is the change in merchan total assets favorable or unfavorable? 2. Change in accounts receivable 3. Change in merchandise inventory
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