The Randall Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company’s profit performance and financial position with the averages for the industry. The CEO has given you the company’s income statement and balance sheet as well as the industry average data for retailers.
Randall Department Stores, INC.
Income Statement Compared with Industry Average
Year Ended December 31, 2018
Randall Industry Average
Net Sales Revenue
Cost of Goods Sold
Other Income and (Expenses):
Randall Department Stores, INC.
Balance Sheet Compared with Industry Average
December 31, 2018
Property, Plant, and Equipment, Net
Intangible Assets, Net
Total Liabilities and Stockholders’ Equity
1. Prepare a vertical analysis for both the income statement and balance sheet.
2. Write a paragraph comparing the company’s performance with the industry average.
3. Compute the following ratios and comment on what the results mean when evaluating the company:
Gross profit percentage ratio
Profit margin ratio
**Written assignments should conform to MLA format, making sure to cite the associated reading/resource.
must be a Word document.
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