AMERICAN APPAREL: DROWNING IN DEBT?1

Prepare the companys common-size balance sheets and common-size income statements for the recent three years 2011-2013 (including all subtotals and totals and round to 2 numbers after the decimal). Analyze three major components based on the common-size balance sheets and the trends of those components over the three years. Analyze two major components based on the common-size income statements and the trends of those components over the three years. Use 10.00% as a threshold.