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 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses December 31 Current Year 1 Year Ago 2 Years Ago % % % Plant assets, net Total assets % % % _iabilities and Equity Accounts payable % % % _ong-term notes payable secured by mortgages on plant assets Common stock, $10 par Retained earnings Total liabilities and equity % % % Simon Company's year-end balance sheets follow. 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 Current Yr 1 Yr Ago 2 Yrs Ago $ 34,513 $ 41,989 $ 42,868 102,070 129,617 11,228 319,473 $ 151,601 74,201 56,048 94,243 58,503 10,698 4,486 293,439 258,495 $420,400 $ 596,901 $ 514,570 109,973 163,500 $ 86,093 $ 57,158 171,827 $ 596,901 118,351 163,500 146,626 93,837 163,500 105,905 $ 514,570 $ 420,400 Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of tot 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? 2. Change in accounts receivable 3. Change in merchandise inventory Show less A