Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 33,349 $ 40,163 $ 96,655 123,980 10,631 306,329 $ 570,944 $ 492,193 $ 406,100 68,218 89,235 10,336 284,241 41,008 53,069 58,243 4,467 249,313 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $ 142,165 $ 82,349 $ 52,533 116,601 163,500 129,743 $ 570,944 $ 492,193 $ 406,100 108,411 163,500 156,868 87,953 163,500 102,114 Total liabilities and equity Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Express the balance sheets in common-size percents. (Do not round intermediate calculations and re answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 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