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equity. If required, round percentages to one decimal place Prepare a comparative balance sheet for both years, stating each asset as a percent of total

image text in transcribed equity. If required, round percentages to one decimal place

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. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: 623,040 570,240 126,720 253,440 150,480 380,160 316,800 337,920 245,520 623,040 570,240 126,720 316,800 245,520 Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings Current Year $306,240 84,480 Previous Year $166,320 55,440 79,200 Previous year Amount $166,320 55,440 $792,000 $150,480 79,200 $792,000 Previous year Percent Current assets Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Current year Amount $306,240 $253,440 380,160 84,480 337,920 Current year Percent

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