Exercise 17-6 Common-size percents LO P2 2017 2016 2015 Simon Company's year and balance sheets At December 31 Assets Cash 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 25,238 % 77,671 95,760 8, 295 234,022 440,986 $ 30, 1993 54,287 72,439 B.063 215,262 389,160 31,046 42,662 45,440 3,590 1971262 320,000 $ $ 110,9045 62,962 43,502 81,247 163,500 85,335 440,9865 90,06 163,500 6963 380, 160$ 70,013 163,500 42/1980 320,000 5 Express the balance sheets in common-size percents (Do not round Intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2016-2017 2017 2016 2015 Assets % % % % % Cash 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 % % % % % % %