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Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2017 2016 2015 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 $ 32,969 $ 37,789 $ 91,843 65,477 117,808 88,253 10,411 9,723 289,489 266,448 $ 542,520 $ 467,690 $ 38,584 49,933 54,258 4,287 235,038 382,100 $ 137,789 $ 79,830 $ 50,942 99,954 104,342 163,500 163,500 141,277 120,018 $ 542,520 $ 467,690 $ 82,755 163,500 84,903 382,100 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage 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 el de