Data Table Co. 2 49 $ 1,358 % of % of % of % of Balance Total Balance Total Balance Total Balance Total ASSETS Co. 1 Assets Assets LIABILITIES Co. 1 Assets Assets Current assets Current liabilities Cash 5,368 $ 302 Accounts payable 12,226 % $ 662 Investments $ 4,058 $ 342 Short-term debt $ 1,158 % $ 0 Accounts receivable $ 8,122 Other short-term Inventory $ 5,386 liabilities % $ 1211 Total current assets $ 22,934 Total current liabilities $ 13,384 % $ 783 Long-term investments $ 79 $ 307 % Long-term debt $ 2,814 Net plant, property Other liabilities $ 4,870 % $ 57 and equipment $ 1,366 Total liabilities $ 21,068 % $ 840 Goodwill 5,344 OWNERS' EQUITY Intangible 6,088 Common stock $ 3,072 % $ 1,024 Other 3,703 Treasury stock $ -6,661 % $ 0 Retained earnings $ 30,411 $ 1,330 Total owners' equity $ 26,822 % $ 2,354 TOTAL LIABILITIES TOTAL ASSETS $ 47,890 100.00 % $ 3,194 100.00 % AND OWNERS' EQUITY $ 47,890 100.00 % $ 3,194 100.00 % Right click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. $ 9,742 Print [ Done Common-size financial statements. The balance sheet information for two companies is in the popup window. Complete the common-size balance sheet for these companies. Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? Complete the table below. (Round up to two decimal places.) % of % of Balance Co. 1 Total Assets Balance Co.1 Total | Assets ASSETS LIABILITIES Current assets Cash Current liabilities Accounts payable Short-term debt Other short-term S S 12,226 1,158 $ % % Investments Accounts receivable Inventory Total current assets Long-term investments 5,368 4,058 8,122 5,386 22,934 79L abilities $ $ $ S 13,384 S 2 A14 Net plant property 4.870 S % Total current liabilities Long-term debt Other liabilities % Total liabilities % OWNERS' EQUITY % Common stock % Treasury stock and equipment Goodwill Intangible Other 21,068 9,742 5,344 L 6,088 3,703 S S $ S 3,072 -6,661 30,411 26,822 Retained eamings Total owners' equity TOTAL LIABILITIES 100.00 % AND OWNERS' EQUITY TOTAL ASSETS $ 47,890 $ 47,890 100.00 % Enter any number in the edit fields and then click Check