Simon Company's year$-$end balance sheets follow.

For both the current year and one year ago, compute the following ratios:

Express the balance sheets in common$-$slze percents.

Assuming annual sales have not changed in the last three years, Is the change In account

assets favorable or unfavorable?

Assuming annual sales have not changed in the last three years, Is the change in merchat

assets favorable or unfavorable?

Complete this question by entering your answers in the tabs below.

Express the balance sheets in common$-$size percents.

Note: Do not round intermediate calculations and round your final percentage answers to $1$ decima