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 liability and stockholders' equity item as a percent of the tctal liabilities and stockholders equity. 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 liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. Round percentages to one decimal place