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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

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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets $333,880 $213,730 Property, plant, and equipment 540,100 479,050 Intangible assets 108,020 44,220 Current liabilities 225,860 117,920 Long-term liabilities 392,800 316,910 Common stock 98,200 88,440 Retained earnings 265,140 213,730 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. Previous Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current year year Amount Percent Current assets $333,880 % Property, plant, and equipment 540,100 % Intangible assets 108,020 % $982,000 Total assets % Previous year Amount year Percent % $213,730 479,050 % 44,220 % $737,000 % $225,860 % $ 117,920 % Current liabilities Long-term liabilities Common stock 392,800 % 316,910 % 98,200 % % 88,440 213,730 265,140 Retained earnings % % % $737,000 % Total liabilities and stockholders' equity $982,000

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