Question: Balance sheet data for a company for the years ended December 31, 20Y2 and 20Y1, are shown below. Prepare a comparative balance sheet for 20Y2

Balance sheet data for a company for the years ended December 31, 20Y2 and 20Y1, are shown below.

Balance sheet data for a company for the years ended


Prepare a comparative balance sheet for 20Y2 and 20Y1, 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. Round to one decimal place.

20Y2 20Y1 Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings 2,500,000 2,000,000 1,000,000 3,000,000 2,500,000 1,500,000 1200,000 10,800,000 2,000,000 850,000 2,400,000 2,500,000 8250,000

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