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Vertical Analysis of Balance Sheet Balance sheet data for Hanes Company on December 21, the end of the fiscal year, are shown below. 2012

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Vertical Analysis of Balance Sheet Balance sheet data for Hanes Company on December 21, the end of the fiscal year, are shown below. 2012 2011 Current assets 277,500 159,620 Property, plant, and equipment 536,500 492.740 Intangible assets 111,000 41,640 Currant abilities 222,000. 138,000 Long-term abilities 305,250 242,900 Common stock Retained earnings 111,000 206,750 104,1001 200,200 Prepare a comparative balance sheet for 2012 and 2011, 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 2011 2012 Amount 2012 Percent Current assets Assets Property, plant, and equipment Intangible assets Total assets $277,500 536,500 111.000 $925,000 20Y1 Amount 2011 Percent $159,620) 492,740 41,640 $694,000 Liabilities Current liabilities $222,000 " $130,000 Long-term abilities 305,250 " 242,900 Stockholders/equity Common stock 111.000 Retained earnings 206,750 Total liarities and stockholders' equity $925,000 104,100 208,200 96 $694,000

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