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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 340,890 193,750
Property, plant, and equipment 547,490 511,500
Intangible assets 144,620 69,750
Current liabilities 185,940 85,250
Long-term liabilities 464,850 403,000
Common stock 103,300 93,000
Retained earnings 278,910 193,750

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 $340,890 % $193,750 %
Property, plant, and equipment 547,490 % 511,500 %
Intangible assets 144,620 % 69,750 %
Total assets $1,033,000 % $775,000 %
Liabilities
Current liabilities $185,940 % $85,250 %
Long-term liabilities 464,850 % 403,000 %
Stockholders' equity
Common stock 103,300 % 93,000 %
Retained earnings 278,910 % 193,750 %
Total liabilities and stockholders' equity $1,033,000 % $775,000 %

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