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(Preparing common size financial statements) As the newest hire to the financial analysis group at Partenon Pering Company, you have been asked to perform a basis financial analysis of the concert most, ocent financial statements. The 2016 balance sheet and income statement for the Patterson are shown here Aller discussing your training asignment with a fellow analyst who was hired last year, you learn that the first step in your completing the sigment in to prepare a common lance sheet Patenon. b. The second stop is to prepare a common-sze income statement for them. . Afla discussing your training asignment with a fellow anwyst who was hired last year, you learn that the first step in your completing the assignment in to prepare a common size tolacce tiheet for Peterson Complete the common-site balance sheet below: (Round to one decimal place) Common Ste Balance Sheet 2016 Cash and marketable securities 5 450 Accounts receivable 6,000 Inventory Total current assets 16.000 Net property, plant and equipment 17.040 SC 9.550 $ 10 CA Check Answer (Preparing common size financial statements) As the newest hire to the financial analysis group at Partenon Pering Company, you have been asked to perform a basis financial analysis of the concert most, ocent financial statements. The 2016 balance sheet and income statement for the Patterson are shown here Aller discussing your training asignment with a fellow analyst who was hired last year, you learn that the first step in your completing the sigment in to prepare a common lance sheet Patenon. b. The second stop is to prepare a common-sze income statement for them. . Afla discussing your training asignment with a fellow anwyst who was hired last year, you learn that the first step in your completing the assignment in to prepare a common size tolacce tiheet for Peterson Complete the common-site balance sheet below: (Round to one decimal place) Common Ste Balance Sheet 2016 Cash and marketable securities 5 450 Accounts receivable 6,000 Inventory Total current assets 16.000 Net property, plant and equipment 17.040 SC 9.550 $ 10 CA Check

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