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	$336,660		$211,900
Property, plant, and equipment	597,300		529,750
Intangible assets	152,040		73,350
Current liabilities	217,200		114,100
Long-term liabilities	434,400		366,750
Common stock	86,880		89,650
Retained earnings	347,520		244,500

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	$336,660	%	$211,900	%
Property, plant, and equipment	597,300	%	529,750	%
Intangible assets	152,040	%	73,350	%
Total assets	$1,086,000	%	$815,000	%
Current liabilities	$217,200	%	$114,100	%
Long-term liabilities	434,400	%	366,750	%
Common stock	86,880	%	89,650	%
Retained earnings	347,520	%	244,500	%
Total liabilities and stockholders' equity	$1,086,000	%	$815,000	%