Question: Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size percentages. ***Round to whole number***
Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size percentages. ***Round to whole number*** Year 2 Year 1 96 100 $34.20 Cash $35.70 112 100 85.50 Accounts receivable 76.50 137 100 Merchandise inventory 125.40 91.80 106 100 Plant assets (net) 324.90 306.00 112 100 $570.00 Total assets $510.00 67 100 Accounts payable $ 51.30 $ 76.50 149 100 159.60 Bonds payable 107.10 105 100 279.30 Common stock 265.20 130 100 Retained earnings 79.80 61.20 112 100 $570.00 Total liabilities and equity $510.00 26
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