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Vertical Analysis of Balance Sheet Balance sheet data for Hanes Company on December 31, the end of the fiscal year, are shown below. 20Y2 20Y1

Vertical Analysis of Balance Sheet

Balance sheet data for Hanes Company on December 31, the end of the fiscal year, are shown below.

20Y2 20Y1
Current assets 288,900 158,840
Property, plant, and equipment 558,540 512,620
Intangible assets 115,560 50,540
Current liabilities 173,340 79,420
Long-term liabilities 394,830 332,120
Common stock 96,300 93,860
Retained earnings 298,530 216,600

Prepare a comparative balance sheet for 20Y2 and 20Y1, 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.

Hanes Company
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Assets
Current assets $288,900 % $158,840 %
Property, plant, and equipment 558,540 % 512,620 %
Intangible assets 115,560 % 50,540 %
Total assets $963,000 % $722,000 %
Liabilities
Current liabilities $173,340 % $79,420 %
Long-term liabilities 394,830 % 332,120 %
Stockholders' equity
Common stock 96,300 % 93,860 %
Retained earnings 298,530 % 216,600 %
Total liabilities and stockholders' equity $963,000 % $722,000 %

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