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Simon Company's year$-$end balance sheets follow.

At December $31$ Current Year $1$ Year Ago $2$ Years Ago

Assets

Cash $ $35,991$ $ $43,357$ $ $43,402$

Accounts receivable, net $106,44074,37356,133$

Merchandise inventory $137,84397,28663,498$

Prepaid expenses $11,59011,3814,678$

Plant assets, net $330,594310,205270,689$

Total assets $ $622,458$ $ $536,602$ $ $438,400$

Liabilities and Equity

Accounts payable $ $156,542$ $ $90,686$ $ $59,026$

Long$-$term notes payable $113,511124,65394,949$

Common stock, $$10$ par value $162,500163,500162,500$

Retained earnings $189,905157,763121,925$

Total liabilities and equity $ $622,458$ $ $536,602$ $ $438,400$

For both the current year and one year ago, compute the following ratios:

Exercise $13-6($Algo$)$ Common$-$size percents LO P$2$

Express the balance sheets in common$-$size percents.

Assuming annual sales have not changed in the last three years, is the change in accounts receivable 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?Express the balance sheets in common$-$size percents.

Note: Do not round intermediate calculations and round your final percentage answers to $1$ decimal place.

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