Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal...
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Accounting
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:
| Current Year | Previous Year | |||
| Current assets | $282,200 | $180,670 | ||
| Property, plant, and equipment | 456,500 | 404,950 | ||
| Intangible assets | 91,300 | 37,380 | ||
| Current liabilities | 190,900 | 99,680 | ||
| Long-term liabilities | 315,400 | 255,430 | ||
| Common stock | 91,300 | 87,220 | ||
| Retained earnings | 232,400 | 180,670 | ||
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.
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