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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow Current Year Previous Year Current assets $2,500,000 $1,800,000
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow Current Year Previous Year Current assets $2,500,000 $1,800,000 Property, plant, and equipment 5,600,000 6,072.000 Intangible assets 1,900,000 1,288,000 Current liabilities 2,000,000 1,380,000 Long-term liabilities 3.400,000 3,680,000 Common stock 920,000 920.000 Retained earnings 3,660,000 3,220,000 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each ability and stockholders equally item as a percent of the total abilities and stockholders equity. Hound percentages to one decimal place Alvarar Cancany Comparative Balance Sheet For the Years Ended December 31 Current yea ment autent yea Percent Previous year Amount Previous year Perce Current assets $2.500.000 $1,540,000 Property, plant, and equipment 5.600,00 Intangible assets 310.000.000 Cho My Want
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