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The Comparative Balance Sheet for Silverlight Co

Question 178

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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 31,2016−2018CashAccounts receivableMerchandise inventoryPlant assets (net)Total assetsAccounts payableBonds payableCommon stockRetained earningsTotal liabilities and equity2018‾$49.674.4148.8$647.7$620.0$117.8130.2266.6105.4‾$620.0‾2017‾$34.285.5125.4324.9$570.0$51.3159.6279.379.8‾$570.0‾2016‾$35.776.591.8306.0$510.0$76.5107.1265.761.2‾$5100‾\begin{array}{c}\text {Silverlight Company}\\\text {Comparative Balance Sheets (in \$000)}\\\text {December \( 31,2016-2018 \)}\\\begin{array}{|l|}\hline \\\hline \text {Cash}\\\hline \text {Accounts receivable}\\\hline \text {Merchandise inventory}\\\hline \text {Plant assets (net)}\\\hline \text {Total assets}\\\hline\\\hline \text {Accounts payable}\\\hline \text {Bonds payable}\\\hline \text {Common stock}\\\hline\\ \text {Retained earnings}\\\hline \text {Total liabilities and equity}\\\hline \end{array}\begin{array}{r|}\hline \underline{2018}\\\hline\$49.6 \\\hline 74.4 \\\hline 148.8 \\\hline \$ 647.7 \\\hline \$ 620.0 \\\hline\\\hline \$ 117.8 \\\hline 130.2 \\\hline 266.6 \\\hline\\\underline{ 105.4 }\\\hline \underline{\$ 620.0}\\\hline \end{array}\begin{array}{r|}\hline \underline{2017 }\\\hline \$ \quad 34.2 \\\hline 85.5 \\\hline 125.4 \\\hline 324.9 \\\hline \$ 570.0 \\\hline\\\hline \$ 51.3 \\\hline 159.6 \\\hline 279.3 \\\hline\\\underline{79.8}\\\hline\underline{\$ 570.0}\\\hline \end{array}\begin{array}{r|}\hline \underline{2016} \\\hline \$ \quad 35.7 \\\hline 76.5 \\\hline 91 . 8\\\hline 306 . 0\\\hline \$ 510.0 \\\hline\\\hline \$ 76.5 \\\hline 107 . 1\\\hline 265.7\\\hline\\\underline{61.2}\\\hline\underline{\$ 5100}\\\hline \end{array}\end{array}

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