Vertical Analysis of Balance Sheet

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

	2014		2013
Current assets	$341,440		$200,000
Property, plant, and equipment	597,520		536,000
Intangible assets	128,040		64,000
Current liabilities	245,410		152,000
Long-term liabilities	405,460		296,000
Common stock	106,700		112,000
Retained earnings	309,430		240,000

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Prepare a comparative balance sheet for 2014 and 2013, 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, 2014 and 2013
		2014 Amount		2014 Percent		2013 Amount		2013 Percent
Current assets		$ 341,440		%		$ 200,000		%
Property, plant, and equipment		597,520		%		536,000		%
Intangible assets		128,040		%		64,000		%
Total assets		$ 1,067,000		%		$ 800,000		%
Current liabilities		$ 245,410		%		$ 152,000		%
Long-term liabilities		405,460		%		296,000		%
Common stock		106,700		%		112,000		%
Retained earnings		309,430		%		240,000		%
Total liabilities and stockholders' equity		$ 1,067,000		%		$ 800,000		%