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	$268,160		$150,960
Property, plant, and equipment	486,040		440,300
Intangible assets	83,800		37,740
Current liabilities	167,600		88,060
Long-term liabilities	326,820		270,470
Common stock	100,560		100,640
Retained earnings	243,020		169,830

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	$268,160	%	$150,960	%
Property, plant, and equipment	486,040	%	440,300	%
Intangible assets	83,800	%	37,740	%
Total assets	$838,000	%	$629,000	%
Current liabilities	$167,600	%	$88,060	%
Long-term liabilities	326,820	%	270,470	%
Common stock	100,560	%	100,640	%
Retained earnings	243,020	%	169,830	%
Total liabilities and stockholders' equity	$838,000	%	$629,000	%