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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 $284,550 $183,000
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:
Current Year | Previous Year | |||
Current assets | $284,550 | $183,000 | ||
Property, plant, and equipment | 439,020 | 378,200 | ||
Intangible assets | 89,430 | 48,800 | ||
Current liabilities | 162,600 | 85,400 | ||
Long-term liabilities | 341,460 | 286,700 | ||
Common stock | 65,040 | 61,000 | ||
Retained earnings | 243,900 | 176,900 |
Prepare a comparative balance sheet for both years, 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.
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