Prepare a comparative balance sheet for 20Y2 and 20Y1, stating each asset as a percent of total assets and each liability and stockholders' ec of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Assets Current assets Property, plant, and equipment Intangible assets Total assets Liabilities Current liabilities Long-term liabilities. Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity Hanes Company Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 Amount 20Y2 Percent $266,240 457,600 108,160 $832,000 $183,040 324,480 % % % % % % 91,520 % 232,960 E % $832,000 % 20Y1 Amount 20Y1 Percent $162,240 418,080 43,680 $624,000 $106,080 249,600 87,360 180,960 $624,000 % % % % % % % %
Prepare a comparative balance sheet for 20Y2 and 20Y1, stating each asset as a percent of total assets and each liability and stockholders' ec of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Assets Current assets Property, plant, and equipment Intangible assets Total assets Liabilities Current liabilities Long-term liabilities. Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity Hanes Company Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 Amount 20Y2 Percent $266,240 457,600 108,160 $832,000 $183,040 324,480 % % % % % % 91,520 % 232,960 E % $832,000 % 20Y1 Amount 20Y1 Percent $162,240 418,080 43,680 $624,000 $106,080 249,600 87,360 180,960 $624,000 % % % % % % % %
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 4E
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