Prepare a common size balance sheet for the current years balance sheet and a common size income statement for the current years income statement for each of your sampled firms using excel.

71 Amusement and Recreation Balance Sheet Liabilities and Equity Assets % % Current assets Cash Receivables (nel) Inventory Other current assets Total current assets 1391 9.94 743 4.22 35 50 Current liabilites Accounts payable Noles payable Other current liabilities Total current liabilities 353 9.70 1904 32 27 Long term liabilities 45 84 Long term assets Net fixed assets Other assets Long term assets Total liabilities 78.11 39.79 2471 64.50 Stockholders' equity Total all equities 21.89 Total assets 100.00 Totallibilities and equities 100.00 Income Statement TOO DO 25.10 74.90 Sales Cost of goods sold Gross Margin Operating expenses Salaries and was Rent Lenses and others Aveling Repairs Baddebs Selling and riscous Deprecation Operating come Interest income Other income EMT Wrest expen come before compen Net income 25:30 6.83 827 306 230 000 18.08 141 901 0.12 934 18 VIZ 18 20 3.09 12:51