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	$279,140		$178,640
Property, plant, and equipment	443,340		400,400
Intangible assets	98,520		36,960
Current liabilities	188,830		104,720
Long-term liabilities	336,610		258,720
Common stock	65,680		67,760
Retained earnings	229,880		184,800

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	$279,140	fill in the blank 1%	$178,640	fill in the blank 2%
Property, plant, and equipment	443,340	fill in the blank 3%	400,400	fill in the blank 4%
Intangible assets	98,520	fill in the blank 5%	36,960	fill in the blank 6%
Total assets	$821,000	fill in the blank 7%	$616,000	fill in the blank 8%
Current liabilities	$188,830	fill in the blank 9%	$104,720	fill in the blank 10%
Long-term liabilities	336,610	fill in the blank 11%	258,720	fill in the blank 12%
Common stock	65,680	fill in the blank 13%	67,760	fill in the blank 14%
Retained earnings	229,880	fill in the blank 15%	184,800	fill in the blank 16%
Total liabilities and stockholders' equity	$821,000	fill in the blank 17%	$616,000	fill in the blank 18%