Vertical Analysis of Balance Sheet

Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:

	Current Year		Previous Year
Current assets	$288,420		$183,680
Property, plant, and equipment	489,440		446,080
Intangible assets	96,140		26,240
Current liabilities	157,320		72,160
Long-term liabilities	349,600		268,960
Common stock	87,400		91,840
Retained earnings	279,680		223,040

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
	Current year Amount	Current year Percent	Previous year Amount	Previous year Percent
Current assets	$288,420	fill in the blank	$183,680	fill in the blank
Property, plant, and equipment	489,440	fill in the blank	446,080	fill in the blank
Intangible assets	96,140	fill in the blank	26,240	fill in the blank
Total assets	$874,000	fill in the blank	$656,000	fill in the blank
Current liabilities	$157,320	fill in the blank	$72,160	fill in the blank
Long-term liabilities	349,600	fill in the blank	268,960	fill in the blank
Common stock	87,400	fill in the blank	91,840	fill in the blank
Retained earnings	279,680	fill in the blank	223,040	fill in the blank
Total liabilities and stockholders' equity	$874,000	fill in the blank	$656,000	fill in the blank