mework Saved Help Save & Che Exercise 17-6 Common-size percents LO P2 2017 2016 2015 Simon Company's year-end 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 $ 31,640 $ 38, 116 $ 37,392 94, 508 66,703 51,890 116,473 89,015 54,727 10,085 10,005 4,112 294,501 267.891 232.279 $ 547,207 $ 471,730 $ 385,400 $ 134,892 79,722 $ 50,873 103,904 110,668 87,729 163,500 163,500 163,500 144,911 117,840 83,298 $ 547,207 $ 471,730 $ 385,400 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, 2015-2017 2017 2016 2015 Assets Cash Express the balance sheets in common-size percents. (Do not round intermediate calculations answers to 1 decimal place.) 2015 % SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 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 % % % %