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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets $360,400 $206,700
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:
Current Year Previous Year
Current assets $360,400 $206,700
Property, plant, and equipment $593,600 $556,500
Intangible assets 106,000 31,800
Current liabilities 212,000 127,200
Long-term liabilities 402,800 325,950
Common stock 127,200 119,250
Retained earnings 318,000 222,600
Alvaraz Company
Comparative Balance Sheet
For the Years Ended December 31
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