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	$262,080		$153,500
Property, plant, and equipment	450,450		417,520
Intangible assets	106,470		42,980
Current liabilities	147,420		73,680
Long-term liabilities	352,170		264,020
Common stock	81,900		85,960
Retained earnings	237,510		190,340

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	$262,080	%	$153,500	%
Property, plant, and equipment	450,450	%	417,520	%
Intangible assets	106,470	%	42,980	%
Total assets	$819,000	%	$614,000	%
Current liabilities	$147,420	%	$73,680	%
Long-term liabilities	352,170	%	264,020	%
Common stock	81,900	%	85,960	%
Retained earnings	237,510	%	190,340	%
Total liabilities and stockholders' equity	$819,000	%	$614,000	%