Simon Company's year-end balance sheets At December 31 2017 2016 2015 Assets Cash $34,455 $40,670...
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Accounting
Simon Company's year-end balance sheets
At December 31 2017 2016 2015 Assets Cash $34,455 $40,670 $42,381 Accounts receivable, net 95,946 67,026 56,508 Merchandise inventory 120,634 89,484 59,597 Prepaid expenses 10,987 10,158 4,571 Plant assets, net 310,516 286,229 256,643 Total assets $572,538 $493,567 $419,700 Liabilities and Equity Accounts payable $141,136 $83,413 $55,954 Long-term notes payable secured by mortgages on plant assets 107,637 111,250 93,681 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 160,265 135,404 106,565 Total liabilities and equity $572,538 $493,567 $419,700
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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