1 Required information Exercise 13-10 Efficiency and profitability analysis LO P3 [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow 2 of 3 ts Assets Cash Accounts receivable, net Merchandise Prepaid expenses s 31,880 35,625 37,800 89,500 62,500 58,286e 112,500 82,500 54,000 5,0ee 278,500 255,00e 230,500 $523,000 $445,000 $ 377,580 inventory e, 700 9,375 Total assets Liabilities and Equity $129,900 75,258 51,250 98,500 181,500 83,500 mortgages on plant assets Common stock, $10 par value 163,500 163,500 163,500 131,100 104,75 79,25e $523,000 $445,000377,580 Total liabilities and equity The company's income statements for the years ended December 31 2017 and 2016,follw Nexb 11 12 f 13 t e e here to search Part 2 of 3 12,100 9,525 642,480 S 31,1ee $ 1.90 .76 Exercise 13-10 Part 2 2017 2016 11 -12; of 13 Next > pe here to search