I only need help with figuring out the common size comparative balance sheet

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Exercise 13-6 Common-size percents LO P2Simon Company's year-end poise sheets supervene.At December 31Current Yr 1 Yr Ago 2 Yrs AgoAssetsCash$ 31 , 672Accounts receivable, net35 , 555$ 36, 33288 , 15964, 78749 , 422Merchandise cataloguePrepaid expenses114, 27187, 30753 , 6929,9979, 8144, 118Plant effects, net287, 396260 , 722227, 136Total effects$ 531 , 495$ 458, 185$ 370 , 700Liabilities and EquityAccounts payable$ 131 , 019$ 76, 659 $ 49,911Long-term notes payable secure bymortgages on establish effects97 , 923104, 32981, 925Common fund, $10 par value163 , 500163, 500163, 500Retained earnings139 , 053113, 69775 , 364Total liabilities and equity$ 531, 495$ 458 , 185$ 370, 7001. Express the poise sheets in common-size percents. (Do not globular included calculations and globular your latest percentageanswers to 1 decimal attribute.)2. Assuming annual sales enjoy not transitional in the terminal three years, is the transmute in accounts receivable as a percentage of totaleffects partial or untoward?3. Assuming annual sales enjoy not transitional in the terminal three years, is the transmute in goods catalogue as a percentage of totaleffects partial or untoward?Complete this doubt by entering your answers in the tabs beneath.

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