EX 14-4 Vertical analysis of balance sheet Obj. 2 Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Previous Year 51,840,000 6,072.000 1.288,000 Current assets Property, plant, and equipment Intangible assets Current Eabilities Long-term liabilities Common stock Retained earnings 4 52.500.000 5.600.000 1,900,000 2,000,000 3,680,000 920,000 3.220.000 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 stockhold ers' equity. Round percentages to one decimal place.

EX 14-4 Vertical analysis of balance sheet Obj. 2 Balance sheet data for Alvarez Company on December 31, the end of two recent fixal years, follow: Prepare a comparative halance sheet for both yeams, stating each ansec as a percent of total asees and each lialsility and tokkholders equity item as a perent of the total labilities and stockholders' equity. Round percentages to one tiecimal place