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13-6 Simon companys year end balance sheets follow ...

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Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2016 2015 At December 31 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 2017 $ 33,984 $ 40,511 40,155 97,522 66,765 52,458 123,841 90,953 57,014 11,052 10,634 4,597 303,993282,777255,476 $570,302 $491,64e $409,7e0 es $139,165 83,087 $ 52,458 109,361 115, 339 93,26e 163,500 163,500 163,500 158,276 129,714 100,482 $570,302 $491,640 $409,700 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage onswers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 Assets Cash Accounts receivable, net Merchandise inventony Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payablo Long-term notes payable secured by mortgages on plant assets Common stock, $10 par Total liabilities and equity

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