Express the balance sheets in common$-$size percents.

Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable?

Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable?

Complete this question by entering your answers in the tabs below.

Req $1$

Express the balance sheets in common$-$size percents.

Note: Do not round intermediate calculations and round your final percentage answers to $1$ decimal place.

$2$ of $12$

$!$

Required information

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Simon Company's year$-$end balance sheets follow.

$\backslash$table$[[$At December $31,\backslash$table$[[$Current$],[$Year$]],\backslash$table$[[1$ Year$],[$Ago$]],\backslash$table$[[2$ Years$],[$Ago$]]],[$Assets$],[$Cash$,$$$36,777,,],[\backslash$table$[[$Accounts receivable, net$],[$Merchandise inventory$],[$Prepaid expenses$],[$Plant assets, net$]],\backslash$table$[[104,459],[135,358],[12,080],[334,664]],\backslash$table$[[77,487],[100,406],[11,059],[304,559]],\backslash$table$[[57,927],[62,952],[4,827],[276,875]]],[$Total assets,$623,338,537,360,447,800],[$Liabilities and Equity$],[\backslash$table$[[$Accounts payable$],[$Long$-$term notes payable$]],\backslash$table$[[$$