Vertical Analysis of Baiance Sheet Balance sheet data for Kwan Company on December 31 , the end of two recent fiscal years, follow: Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each llability and stockhoiders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. 5 more Check Mr. Wark uses remaining. Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholde equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place