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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 assets Property,

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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 assets Property, plant, and equipment Intangible assets Current llabiltles Long-term liablities Common stock Retalned eanings Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each Bability and stockholders' equity Item as a percent of the total ablities and stockholders' equity. If required, round percentages to one decimal place. Current Year $296,100 582,330 108,570 197,400 444,150 78,960 266,490 Previous Year $177,600 503,200 59,200 103,600 362,600 88,800 185,000

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