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	$265,600		$168,210
Property, plant, and equipment	481,400		436,100
Intangible assets	83,000		18,690
Current liabilities	199,200		112,140
Long-term liabilities	290,500		249,200
Common stock	99,600		87,220
Retained earnings	240,700		174,440

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	$265,600	%?	$168,210	%?
Property, plant, and equipment	481,400	%?	436,100	%?
Intangible assets	83,000	%?	18,690	%?
Total assets	$830,000	%?	$623,000	%?
Current liabilities	$199,200	%?	$112,140	%?
Long-term liabilities	290,500	%?	249,200	%?
Common stock	99,600	%?	87,220	%?
Retained earnings	240,700	%?	174,440	%?
Total liabilities and stockholders' equity	$830,000	%?	$623,000	%?