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Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 32,777...

Simon Company's year-end balance sheets follow.

At December 31 2017 2016 2015
Assets
Cash $ 32,777 $ 37,176 $ 38,353
Accounts receivable, net 93,117 65,721 51,648
Merchandise inventory 118,260 87,723 55,011
Prepaid expenses 10,346 9,958 4,304
Plant assets, net

295,546

 273,600 238,084
Total assets $ 550,046 $ 474,178 $ 387,400
Liabilities and Equity
Accounts payable $ 136,961 $ 80,937 $ 50,625
Long-term notes payable secured by
mortgages on plant assets		 102,375 109,061 83,903
Common stock, $10 par value 163,500 163,500 163,500
Retained earnings 147,210 120,680 89,372
Total liabilities and equity $ 550,046 $ 474,178 $ 387,400


Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)

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ekkarill92 answered 1 year ago
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