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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: Current Year Previous

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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: Current Year Previous Year Current assets $261,600 $156,960 Property, plant, and equipment 497,040 457,800 Intangible assets 113,360 39,240 Current liabilities 156,960 91,560 Long-term liabilities 357,520 268,140 Common stock 87,200 78,480 Retained earnings 270,320 215,820 Prepare a comparative balance sheet for both years, stating each as a percent of total assets and achty and stockholders'uty item as a percent of the total abbes and stockholders' equity. If required, round percentages to one decimal place. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous ye Year year Amount Percent Amount Percent Current mots $261,600 5555.960 Property, blant and equipment 497.040 457,800 111,169 year 5072,000 5554.000 Current $154.900 337,529 37,200 270.020 Common stock 26.140 78.400 21.610 derings Totals and stockholders 5072.000 1654,000

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