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The Comparative Balance Sheet for Silverlight Co

Question 190

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The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size percentages.
Silverlight CompanyComparative Balance Sheets (in $000)December 31, 2016-2018
 Cash $49.6$34.2$35.7 Accounts receivable 74.485.576.5 Merchandise inventory 148.8125.491.8 Plant assets (net) 347.2324.9306.0 Total assets $620.0$570.0$510.0 Accounts payable $117.8$51.3$76.5 Bonds payable 130.2159.6107 Common stock 266.6279.3265 Retained earnings 101105.479.861.2\begin{array}{|l|c|c|c|}\hline \text { Cash } & \$ \quad 49.6 & \$ \quad 34.2 & \$ 35.7 \\\hline \text { Accounts receivable } & 74.4 & 85.5 & 76.5 \\\hline \text { Merchandise inventory } & 148.8 & 125.4 &91.8 \\\hline \text { Plant assets (net) } & 347.2 & \underline{324.9} & 306.0 \\\hline \text { Total assets } & \$ 620.0 & \$ 570.0 & \$ 510.0 \\\hline\\\hline \text { Accounts payable } & \$ 117.8 & \$ 51.3 & \$ 76.5 \\\hline \text { Bonds payable } & 130.2 & 159.6 & 107 \\\hline \text { Common stock } & 266.6 & 279.3 & 265 \\\hline \text { Retained earnings }101 & 105.4 & 79.8 &61.2 \\\hline \end{array}  Retained earnings 105.479.861.2 Total liabilities and equity $620.0$570.0$510.0\begin{array}{|l|r|r|r|}\hline\text { Retained earnings } & \underline{105.4} & \underline{79.8} & \underline{61.2} \\\hline \text { Total liabilities and equity } & \$ 620.0 & \$ 570.0 & \$ 510.0 \\\hline\end{array}

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