Hi could you please complete all parts to the question? ...
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Accounting
Hi could you please complete all parts to the question?
Required information The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 2017 2016 2015 $ 26,802$ 31,329 $32,967 51,100 56,000 3,663 215,252 196,76 $463,542 $ 399,605 $ 339,800 62, 300 82,500 89, 500 112,000 8,631 226,609 8,224 Liabilities and Equity Accounts payable Long-term notes payable secured by $113,114 $ 66,183 $43,957 mortgages on plant assets Common stock, $10 par value Retained earnings Total l1abilities and equity 85,403 162,506 102,525 90,071 162,500 80,851 73,594 162,500 59,749 463,542 $ 399,605 $ 339,800 The company's income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold other operating expense:s Interest expense Income taxes Total costs and expenses Net income 2017 2016 $ 602,605 $ 475,530 $ 367,589 186,808 10,244 7,834 $309,095 120,309 10,937 7,133 572,475 $30,130 1.85 447,474 $ 28,056 1.73 Earnings per share
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