The following data are taken from the comparative balance sheets prepared for Gubler Wholesale Company.

Sales for 2011 were $1,200,000. Sales for 2010 were $1,000,000.
1. Prepare the Assets section of common-size balance sheets for Gubler Wholesale Company for 2011 and 2010.
2. Overall, Gubler Wholesale is less efficient at using its assets to generate sales in 2011 than in 2010. What asset or assets are responsible for this decreasedefficiency?

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2011 2010 43000 22000 31.000 71,000 106,000 Cash Accounts receivable (net) Inventories 42,000 33,000 59,000 Property, plant, and equipment (net) Total assets $251,000 S156,000