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Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Prepare a comparative

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Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Prepare a comparative balance sheet for both years, 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. Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockhoiders' equity item as a percent of the total tiabilities and stockholders' equity. If required, round percentages to one

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