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Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets $336,350 $187,220 Property, plant, and equipment 618,450 569,800 Intangible assets 130,200 56,980 Current liabilities 260,400 138,380 Long-term liabilities 358,050 317,460 Common stock 119,350 105,820 Retained earnings 347,200 252,340 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. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets $336,350 % $187,220 96 Property, plant, and equipment 618,450 % 569,800 96 130.200 56.90 06 Totaneillante eBook Show Me How Common stock 119,350 105,820 Retained earnings 347,200 252,340 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, Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets $336,350 % $187,220 % Property, plant, and equipment 618,450 % 569,800 96 130,200 Intangible assets % 56,980 % Total assets $1,085,000 % $814,000 96 % $260,400 $138,380 % Current liabilities 358,050 96 317,460 % Long-term liabilities Common stock 119,350 % 9% 105,820 347,200 % Retained earnings 252,340 % % $814,000 96 Total liabilities and stockholders' equity 51,085,000

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