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Balance sheet data for Hanes Company on December 31, the end of the fiscal year, are shown below.


2014 2013
Current assets $280,700
$168,560
Property, plant, and equipment 433,080
385,280
Intangible assets 88,220
48,160
Current liabilities 160,400
84,280
Long-term liabilities 304,760
252,840
Common stock 80,200
84,280
Retained earnings 256,640
180,600




Prepare a comparative balance sheet for 2014 and 2013, 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.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9957342

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