Required information [The following information applies to the questions displayed below.] Simon...
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Required information The following information applies to the questions displayed below. Simon Company's yearend balance sheets follow. For both the current year and one year ago, compute the following ratlos: Express the balance sheets In commonsize percents. Assuming annual sales have not changed in the last three years, Is the change in accounts recelvable as a percentage of total assets favorable or unfavorable? Assuming annual sales have not changed in the last three years, is the change in merchandise Inventory as a percentage of total assets favorable or unfavorable? Complete this question by entering your answers in the tabs below. Req Req and Express the balance sheets in commonsize percents. Note: Do not round intermediate calculations and round your final percentage answers to decimal place. 
Required information
The following information applies to the questions displayed below.
Simon Company's yearend balance sheets follow.
For both the current year and one year ago, compute the following ratlos:
Express the balance sheets In commonsize percents.
Assuming annual sales have not changed in the last three years, Is the change in accounts recelvable as a percentage of total
assets favorable or unfavorable?
Assuming annual sales have not changed in the last three years, is the change in merchandise Inventory as a percentage of total
assets favorable or unfavorable?
Complete this question by entering your answers in the tabs below.
Req
Req and
Express the balance sheets in commonsize percents.
Note: Do not round intermediate calculations and round your final percentage answers to decimal place.
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