The Comparative Balance Sheet for Silverlight Co

question 201

Essay

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
$\begin{array}{|l|c|c|c|}\hline \text { Cash } & \$ \quad 49.6 & \$ \quad 34.2 & \$ 35.7 \\\hline \text { Accounts receivable } & 74.4 & 85.5 & 76.5 \\\hline \text { Merchandise inventory } & 148.8 & 125.4 &91.8 \\\hline \text { Plant assets (net) } & 347.2 & \underline{324.9} & 306.0 \\\hline \text { Total assets } & \$ 620.0 & \$ 570.0 & \$ 510.0 \\\hline\\\hline \text { Accounts payable } & \$ 117.8 & \$ 51.3 & \$ 76.5 \\\hline \text { Bonds payable } & 130.2 & 159.6 & 107 \\\hline \text { Common stock } & 266.6 & 279.3 & 265 \\\hline \text { Retained earnings }101 & 105.4 & 79.8 &61.2 \\\hline \end{array}$ $\begin{array}{|l|r|r|r|}\hline\text { Retained earnings } & \underline{105.4} & \underline{79.8} & \underline{61.2} \\\hline \text { Total liabilities and equity } & \$ 620.0 & \$ 570.0 & \$ 510.0 \\\hline\end{array}$

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Definitions:

Afferent Nerves

Nerves that carry sensory signals from the body's periphery towards the central nervous system, including the brain and spinal cord.

Efferent Nerves

Nerves that carry signals away from the central nervous system to effectors such as muscles and glands.

Central Nervous System

The central nervous system (CNS) consists of the brain and spinal cord, functioning as the primary control center for processing and sending out information throughout the body.

Motor Neurons

Nerve cells that initiate and control the movement of muscles.