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My Home X CengageNOWv2 | Online teaching X + LO X F C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssign... @ V D . . . Ch 17-3 Exercises and Problems eBook Show Me How Calculator Print Item 1. EX.17-01.ALGO Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: 2. EX.17-04.ALGO Current Year Previous Year 3. EX.17-05.ALGO Current assets $271,250 $164,000 Property, plant, and equipment 507,500 459,200 4. EX.17-06.ALGO Intangible assets 96,250 32,800 5. EX.17-19.ALGO Current liabilities 192,500 111,520 Long-term liabilities 367,500 295,200 6. EX.17-20.ALGO Common stock 78,750 78,720 Retained earnings 236,250 170,560 7. EX.17-21.A 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 8. PR.17-04.ALGO percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets $271,250 % $164,000 Property, plant, and equipment 507,500 459,200 % Intangible assets 96,250 32,800 Total assets $875,000 $656,000 Current liabilities $192,500 $111,520 % Long-term liabilities 367,500 295,200 Progress: 2/8 items Check My Work 2 more Check My Work uses remaining. Previous Next Assignment Score: 40.12% All work saved. Email Instructor Save and Exit submit Assignment for Grading 1 9:22My Home X CengageNOWv2 | Online teaching X + X F C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssign... @ V D . . . Ch 17-3 Exercises and Problems eBook Show Me How Calculator Print item Property, plant, and equipment 607,500 459,200 1. EX.17-01 ALGO Intangible assets 96,250 32,800 2. EX.17-04.ALGO Current liabilities 192,500 111,520 Long-term liabilities 367,500 295,200 3. EX.17-05.ALGO Common stock 78,750 78,720 4. EX.17-06.ALGO Retained earnings 236,250 170,560 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 5. EX.17-19.ALGO percentages to one decimal place. Alvaraz Company 6. EX.17-20.ALGO Comparative Balance Sheet For the Years Ended December 31 7. EX.17-21.A Current Current Previous Previous year year year year 8. PR.17-04.ALGO Amount Percent Amount Percent Current assets $271,250 % $164,000 Property, plant, and equipment 507,500 9% 459,200 % Intangible assets 96,250 9% 32,800 Total assets $875,000 $656,000 % Current liabilities $192,500 % $111,520 % Long-term liabilities 367,500 % 295,200 % Common stock 78,750 9% 78,720 Retained earnings 236,250 170,560 % Total liabilities and stockholders' equity $875,000 $656,000 Progress: 2/8 items Check My Work 2 more Check My Work uses remaining. Previous Next Assignment Score: 40.12% All work saved. Email Instructor Save and Exit submit Assignment for Grading 1 9:22
