Exercise 17-7 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2014 2013 2012 At...
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Exercise 17-7 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2014 2013 2012 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses $ 25,575 $ 30,193 $ 31,753 51,269 70,513 7769 72,641 94,128 8,236 41,516 44,661 3,494 189,976 Plant assets, net 232,889 213,936 311,400 Total assets $433,469 $373,680 Liabilities and Equity 42.338 Accounts payable $ 111172 $ 61,257 S Long term notes payable secured by mortgages on plant assets 80,677 85,946 67,443 163,500 Common stock, $10 par value 163,500 163,500 Retained earnings 78,120 62,977 38,119 Total liabilities and equity $433,469 $373.680 S 311,400 Express the balance sheets in common-size percents. (Do not Found intermediate calculations and round your final answers to 1 decimal place) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2012-2014 2014 2013 2012 Gash ARGounts recevatin Express the balance sheets in common-size percents. (Do not round itermediate calculations and round your final answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2012-2014 2014 2013 2012 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets. net Total assets Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock. $10 par Retained earnings Total liabilities and equity Exercise 17-7 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2014 2013 2012 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses $ 25,575 $ 30,193 $ 31,753 51,269 70,513 7769 72,641 94,128 8,236 41,516 44,661 3,494 189,976 Plant assets, net 232,889 213,936 311,400 Total assets $433,469 $373,680 Liabilities and Equity 42.338 Accounts payable $ 111172 $ 61,257 S Long term notes payable secured by mortgages on plant assets 80,677 85,946 67,443 163,500 Common stock, $10 par value 163,500 163,500 Retained earnings 78,120 62,977 38,119 Total liabilities and equity $433,469 $373.680 S 311,400 Express the balance sheets in common-size percents. (Do not Found intermediate calculations and round your final answers to 1 decimal place) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2012-2014 2014 2013 2012 Gash ARGounts recevatin Express the balance sheets in common-size percents. (Do not round itermediate calculations and round your final answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2012-2014 2014 2013 2012 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets. net Total assets Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock. $10 par Retained earnings Total liabilities and equity
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Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
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