Exercise 17-7 Common-size percents L.O. P2 Sanderson Company\'s year-end balance

Question

Exercise 17-7 Common-size percents L.O. P2
Sanderson Company's year-end balance sheets follow.

At December 31 2012 2011 2010
Assets
Cash $ 32,916 $ 39,253 $ 39,293
Accounts receivable, net 96,364 67,333 51,343
Merchandise inventory 119,948 88,975 57,487
Prepaid expenses 10,493 10,304 4,453
Plant assets, net 303,814 279,941 244,324



Total assets $ 563,535 $ 485,806 $ 396,900



Liabilities and Equity
Accounts payable $ 138,917 $ 82,101 $ 53,439
Long-term notes payable secured by
mortgages on plant assets 108,063 109,501 87,715
Common stock, $10 par value 163,500 163,500 163,500
Retained earnings 153,055 130,704 92,246



Total liabilities and equity $ 563,535 $ 485,806 $ 396,900




Express the balance sheets in common-size percents. (Percents are rounded to one decimal and thus may not exactly sum to totals and subtotals. Round your answers to 1 decimal place. Omit the "%" sign in your response.)

Sanderson Company
Common-Size Comparative Balance Sheets
December 31, 2010 - 2012
2012 2011 2010
Assets
Cash % % %
Accounts receivable, net
Merchandise inventory
Prepaid expenses
Plant assets, net




Total assets % % %




Liabilities and Equity
Accounts payable % % %
Long-term notes payable secured
by mortgages on plant assets
Common stock, $10 par value
Retained earnings `




Total liabilities and equity % % %

Explanation / Answer

hey , there is a request... please upload data in tabular form .... it is pretty difficult to read like this

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