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Balance sheet data for a company for the years ended December 31, 20Y2 and 20Y1, are shown below. 20Y2 20Y1 Current assets 290,880 184,140 Property,
Balance sheet data for a company for the years ended December 31, 20Y2 and 20Y1, are shown below.
20Y2 | 20Y1 | |||
Current assets | 290,880 | 184,140 | ||
Property, plant, and equipment | 518,130 | 450,120 | ||
Intangible assets | 99,990 | 47,740 | ||
Current liabilities | 209,070 | 109,120 | ||
Long-term liabilities | 345,420 | 272,800 | ||
Common stock | 109,080 | 102,300 | ||
Retained earnings | 245,430 | 197,780 |
Prepare a comparative balance sheet for 20Y2 and 20Y1, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place.
20Y2 Amount | 20Y2 Percent | 20Y1 Amount | 20Y1 Percent | |
Assets | blank | blank | blank | blank |
Current assets | $290,880 | fill in the blank 1% | $184,140 | fill in the blank 2% |
Property, plant, and equipment | 518,130 | fill in the blank 3 | 450,120 | fill in the blank 4 |
Intangible assets | 99,990 | fill in the blank 5 | 47,740 | fill in the blank 6 |
Total assets | $909,000 | fill in the blank 7% | $682,000 | fill in the blank 8% |
Liabilities | blank | blank | blank | blank |
Current liabilities | $209,070 | fill in the blank 9% | $109,120 | fill in the blank 10% |
Long-term liabilities | 345,420 | fill in the blank 11 | 272,800 | fill in the blank 12 |
Total liabilities | $554,490 | fill in the blank 13% | $381,920 | fill in the blank 14% |
Stockholders' equity | blank | blank | blank | blank |
Common stock | 109,080 | fill in the blank 15% | 102,300 | fill in the blank 16% |
Retained earnings | 245,430 | fill in the blank 17 | 197,780 | fill in the blank 18 |
Total stockholders equity | $354,510 | fill in the blank 19% | $300,080 | fill in the blank 20% |
Total liabilities and stockholders' equity | $909,000 | fill in the blank 21% | $682,000 | fill in the blank 22% |
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