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CA O The Verrine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the

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CA O The Verrine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the verge for the industry the LOR Companys come statement and w e shoes well as the industry average data for retailers Click the icon to view the come statement Cick the icon to the balance sheet.) Read the current Begin by preparing a vertical analysis for Verfforts income statement (Hound percent of total amounts on omap, XXX) Verrine Department stores, Inc. Income Statement Year Ended December 31, 2018 Amount Percent of Total 781,000 News Revenue Cont of Goods Sold Gross Profit Opening Expert Operating come Other Expenses then clickCheck Arewet. Data Table tem Verifine Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2018 Industry Verifine Average 781,000 527,956 100.0 % 65.8 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Other Expenses 253,044 162,448 34.2 19.7 14.5 0.4 90,596 5,467 85,129 14.1 % Net Income Print Done Sk Answer. Chec! Clear All income statement.( Verifine Department Stores, Inc. Balance Sheet Compared with Industry Average ! December 31, 2018 Industry Verifine Average Current Assets 331,240 70.9% Property, Plant, and Equipment, Net 123,480 23.6 Intangible Assets, Net 11,270 Other Assets 24.010 $ 490,000 100.0 % Total Assets cent of Total 0.8 4.7 Current Liabilities 229,320 48.1 % Long-term Liabilities Total Liabilities 16.6 108,290 337,610 152.390 64.7 353 62.448 90,596 $ 5,467 Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity aurity 229,320 108,290 48.1% 16.6 85,129 64.7 337,610 152,390 490,000 s and then click Check Ans 35,3 $ 100.0 % Print Done

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