Simon Compony's year-end balance sheets follow. For both the current yeor and one yeor ago, compute the following ratios: 1. Express the bolance sheets in common-size percents. 2. Assuming annuol soles have not chonged in the last three years, is the change in accounts receivable os o perce ossets favorable or unfavorable? 3. Assuming onnual sales have not changed in the last three yesrs, is the change in merchondise inventory os o per assets fovorable or unfavorable? (3) Answer is not complete. Complete this question by entering your answers in the tabs below. percentage antwers to : fecimal placel) Simon Company's yeariend balance theets follow For both the current year and one yeor ago, compute the following rotios: 1. Express the bolance sheets in common-size percents. 2. Assuming onnus soles hove not changed in the last three years, is the chonge in accounts receivoble as a percentsge of total assets fovorable or unfovorable? 3. Assuming onnual soles have not changed in the lost three years, is the chonge in mecchandise inventary os a percentoge of totsi assets fovorable or unfovorable? Answer is not complete. Complete this question by entering your answers in the tabs below. Express the balance sheeds in common-size percents, (Do hot round intermediate cakulationt and rownd your final percentage answers to 1 decimal place.) Express the balance sheets in common-size percents. (Do not round intermediat. narcantana ancimare th 1 danimal nlana 1 Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios