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	$289,420		$164,780
Property, plant, and equipment	578,840		509,320
Intangible assets	129,740		74,900
Current liabilities	239,520		142,310
Long-term liabilities	329,340		247,170
Common stock	119,760		112,350
Retained earnings	309,380		247,170

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.

	Current year Amount	Current year Percent	Previous year Amount	Previous year Percent
Current assets	$289,420	fill in the blank 1%	$164,780	fill in the blank 2%
Property, plant, and equipment	578,840	fill in the blank 3%	509,320	fill in the blank 4%
Intangible assets	129,740	fill in the blank 5%	74,900	fill in the blank 6%
Total assets	$998,000	fill in the blank 7%	$749,000	fill in the blank 8%
Current liabilities	$239,520	fill in the blank 9%	$142,310	fill in the blank 10%
Long-term liabilities	329,340	fill in the blank 11%	247,170	fill in the blank 12%
Common stock	119,760	fill in the blank 13%	112,350	fill in the blank 14%
Retained earnings	309,380	fill in the blank 15%	247,170	fill in the blank 16%
Total liabilities and stockholders' equity	$998,000	fill in the blank 17%	$749,000	fill in the blank 18%

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