Vertical analysis of balance sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each llability and stockhalders' equity item as a percent of the total liabilities and stockholders' equity. When required, round percentages to one decimal place. Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each lability and stocikholders' equity item as a percent of the total liabilities and stockholders' equity. When required, round percentages to one darimat place