Vertical Analysis of Balance Sheet Balance sheet data for a company for the years ended December 31, 2012 and 20Y1, are shown below. Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings 20Y2 2011 382,200 245,700 589,680 507,780 120,120 65,520 207,480 114,660 458,640 376,740 109,200 98,280 316,680 229,320 Prepare a comparative balance sheet for 2012 and 2011, stating each asset as a percent of total assets and each lability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Assets Current assets Property, plant, and equipment Intangible assets Total assets Comparative Balance Sheet December 31, 2012 and 20Y1 2012 Amount 2012 Percent 20Y1 Amount 20Y1 Percent $382,200 % 589,680 120,120 $1,092,000 $245,700 507,780 65,520 $819,000 316,680 229,320 Prepare a comparative balance sheet for 2012 and 20Y1, 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. Comparative Balance Sheet December 31, 20Y2 and 2011 20Y2 Amount 20Y2 Percent Assets Current assets Property, plant, and equipment Intangible assets Total assets 20Y1 Amount 20Y1 Percent $245,700 1% $382,200 96 589,680 507,780 120,120 65,520 $1,092,000 % $819,000 Liabilities Current liabilities $207,480 % $114,660 Long-term liabilities 458,640 376,740 Total liabilities $666,120 $491,400 Stockholders' equity Common stock 109,200 98,280 Retained earnings 316,680 229,320 Total stockholders' equity $425,880 26 $327,600 Total liabilities and stockholders' equity $1,092,000 96 $819,000 Check My Work 3 more Check My Work uses remaining Previous Next Sand Ex Submit Assignment for Grading