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	$249,300		$149,520
Property, plant, and equipment	465,360		404,950
Intangible assets	116,340		68,530
Current liabilities	149,580		87,220
Long-term liabilities	349,020		274,120
Common stock	99,720		99,680
Retained earnings	232,680		161,980

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	$249,300	%	$149,520	%
Property, plant, and equipment	465,360	%	404,950	%
Intangible assets	116,340	%	68,530	%
Total assets	$831,000	%	$623,000	%
Current liabilities	$149,580	%	$87,220	%
Long-term liabilities	349,020	%	274,120	%
Common stock	99,720	%	99,680	%
Retained earnings	232,680	%	161,980	%
Total liabilities and stockholders' equity	$831,000	%	$623,000	%