Use the following information to answer questions. Prepaid Expenses $ 14,000 Total Current Assets $195,000 Total Assets $876,000 Bonds Payable $125,000 Total Long-term Debt $180,000 1. Calculate the...

Prepaid Expenses $ 14,000

Total Current Assets $195,000

Total Assets $876,000

Bonds Payable $125,000

Total Long-term Debt $180,000

1. Calculate the common-size percentage for Prepaid Expenses.

2. Calculate the common-size percentage for Bonds Payable.