Nabisco Companys year-end balance sheets follow. Express the balance sheets in common-size percents. Round amounts to the
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At December 31 2010 2009 2008 Cash $36.229 42,780 44,562 Merchandise Inventory..137,408 9,929 62,038 Prepald expenses548 11003 Plant assets, net ....335.317 311,062 272,710 4,903 Liabilitles and Equity Accounts payable*..$157,577 Long-term notes payable secured by 94,024 57.087 Common stock, $10 par value.63,500 63,500 63,500 Total labilitles and equlty . $626,575 $540,151 $441.300
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Nabisco Company CommonSize Comparative Balance Sheets December 31 20082010 2010 2009 2008 Assets Cas...View the full answer
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