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Curent Property, plant, and woment Intangi Gurist att Long- Common stick Current Year $190,000 471,70 10400 31,500 127,000 204,000 $5.200 211,000 buing onal (
Curent Property, plant, and woment Intangi Gurist att Long- Common stick Current Year $190,000 471,70 10400 31,500 127,000 204,000 $5.200 211,000 buing " onal ( Cuent Ewen Company Comparative lance Sheet Current Current Presious Previ Amount Per 12. decimal place Balance sheet data for an Compey on December 22, the end of two ont focal year follow Current Property, pant, and p Intangible a shack Current Year $212,180 475,700 35,500 227,040 27,800 24,000 4,000 45,200 213,000 214345 Para comparative bance sheet for both years, stating sach at as a percent of total ame Kwan Company Comparative Salance sheet For the Years Ended December 31 Previous Previous year Amount Percent Amount Percent $312,100 $130,000 Priety plan, and 475,706 304,000 31,500 THE $4,000 $710,000 $127,300 284,000 H 85,200 214,340 211,000 $713,000 Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Current Year Previous Year $312,180 $198,800 529,760 475,700 104,060 35,500 227,040 127,800 350,020 284,000 94,600 85,200 274,340 213,000 Retained earnings Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and e Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current Current year year Amount Percent Previous Previous year year Amount Percent Current assets $312,180 1% $198,800 Property, plant, and equipment 529,760 %6 475,700 % Intangible assets 104,060 35,500 % Total assets $946,000 % $710,000 Current liabilities $227,040 % $127,800 Long-term liabilities 350,020 284,000 Common stock 94,600 % 65,200 56 Retained earnings 274,340 1% 213,000 Total liabilities and stockholders' equity $946,000 % $710,000
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