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	$302,610		$192,640
Property, plant, and equipment	486,010		426,560
Intangible assets	128,380		68,800
Current liabilities	210,910		130,720
Long-term liabilities	330,120		247,680
Common stock	110,040		103,200
Retained earnings	265,930		206,400

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	$302,610	%	$192,640	%
Property, plant, and equipment	486,010	%	426,560	%
Intangible assets	128,380	%	68,800	%
Total assets	$917,000	%	$688,000	%
Current liabilities	$210,910	%	$130,720	%
Long-term liabilities	330,120	%	247,680	%
Common stock	110,040	%	103,200	%
Retained earnings	265,930	%	206,400	%
Total liabilities and stockholders' equity	$917,000	%	$688,000	%