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please solve a and b. Thank you! Preparing common-size...

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Accounting

please solve a and b. Thank you!
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Preparing common-size financlal statements) As the newest hire to the financial analysis group at Patterson Printing Company, you have been asked to perform a basis financial analysis of the company's most recent financial statements. The 2016 balance sheet and income statement for the Patierson are shown here: a. Afer discussing your training asignment with a feliow anabst who was hired last year, you learn that the first step in your complebing the assignment is to prepare a common-scze batance sheet for Patterson. b. The second step is to prepare a common-size income statement for the firm. a. After discusting your traing osignment with a felow analyat who was hired last year, you learn that the frst step h your campleting the assignment is to prepare a conmon-size balance aheet for Panerson. Complete the comenon-size balance theot below: (Round to ene decimal place.)

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