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Tools Help Download Normal Text - Times New ... - 12 - B IV A.A. EE E E E The comparative balance sheet for Kerley Guitar Factory, is shown below. Express the balance sheet in common-size percentages. Kerley Guitar Factory Comparative Balance Sheets (in 5000) For the years ended December 31 Year 3 Cash $ 49.6 Accounts receivable 74.4 Merchandise inventory 148.8 Plant assets (net) 347.2 Total assets S6200 Year 2 $ 34.2 85.5 125.4 324.9 $570,0 Year 1 $ 35.7 76.5 91.8 306.0 $510.0 Accounts payable Bonds payable Common stock Retained earnings Total liabilities and equity $117.8 130.2 266.6 105.4 $620.0 $ 51.3 159.6 279.3 29.8 $570.0 $ 76.5 107.1 265.2 612 $510.0 Kerley Guitar Factory Common-size Comparative Balance Sheets For the years ended December 31 Year 3 Year 2 Year a Normal Text Times New.... 12 . BIUA - A. E Retained earnings 105.4 79.8 Total liabilities and equity $620.0 $570.0 E EEE 61.2 $510.0 Kerley Guitar Factory Common-size Comparative Balance Sheets For the years ended December 31 Year 3 Year 2 Year 1 1. Express the income statement data in common size percents, rounding to two decimal places. KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31 2019 2018 2017 Normal Calibri 11. B 1 VA . AE EEE 2. Express the balance sheet in trend percents with 2017 as the base year, rounding percents to two decimal places KORBIN COMPANY Balance Sheet Data in Trend Percents 2019 At December 31 2018 2017