Data Table - - al Russell Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2018 Industry Russell Average Net Sales Revenue $ 781,000 528,737 Cost of Goods Sold 100.0 % 65.8 Gross Profit 34.2 252,263 163,229 19.7 Operating Expenses Operating Income Other Expenses Net Income 89,034 3,905 14.5 0.4 $ 85,129 14.1 % Print Done continue Balance Sheet Compared with Industry Average December 31, 2018 Industry Russell Average D. Current Assets $ 70.9 % 310,040 118,680 23.6 Property, Plant, and Equipment, Net Intangible Assets, Net 8,740 22,540 0.8 4.7 Other Assets Total Assets 460,000 100.0 % Current Liabilities $ 212,520 101,660 48.1 % 16.6 Long-term Liabilities Total Liabilities 314,180 145.820 64.7 35.3 Stockholders' Equity Total Liabilities and Stockholders' Equity 460,000 100.0 % con Print Dono The Russell Department Stores, Inc. chief executive officer (CEO) has asked y and balance sheet as well as the industry average data for retailers. (Click the icon to view the income statement.) (Click the icon to view the Read the requirements. ucynroy preparing C OLITION-SIZE COMIC SACI CON TUSSC. Round your Russell Department Stores, Inc. Common-Size Income Statement Year Ended December 31, 2018 Russell Industry Average % Net Sales Revenue 100.0 % Cost of Goods Sold % 65.8 % Gross Profit % 34.2 % Operating Expenses % 19.7 Operating Income 9 14.5 % Other Expenses % Net Income % 14.1 Prepare a common-size balance sheet for Russell. (Round your answers to one decimal Russell Department Stores, Inc. % 0.4 % Choose from any list or enter any number in the input folds and then continue to the e Russell Department Stores, Inc. chief executive officer (CEO) has asked you to compa nd balance sheet as well as the industry average data for retailers. Click the icon to view the income statement.) (Click the icon to view the balance sh Read the requirements. Common-Size Balance Sheet December 31, 2018 Russell Industry Average Current Assets 70.9 % % 23.6 % Property, Plant, and Equipment, Net Intangible Assets, Net Other Assets % 0.8 % 4.7 % % Total Assets % 100.0% Current Liabilities % Long-term Liabilities Total abilities 48.1 % 16.6% % % Stockholders' Equity Total Labies and Stockholders Equity 96 64.796 35.396 100.0% Choose from any list or onter any number in tho input fields and then continue to the next ques nd balance sheet as well as the industry average data for retailers. (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements. SLOCKNoiers Equity Total Liabilities and Stockholders' Equity 100.0% % Requirement 2. For the profitability analysis, compute Russell's (a) gross profit percentage and (b) profit margi. average? (a) Compute Russells gross profit percentage. (Round the gross profit percentage to one decimal place, X.X%.) Gross profit percentage % (b) Compute Russell's profit margin ratio. (Round the profit margin ratio to one decimal place, X.X%.) Profit margin ratio % Compare these figures with the industry averages. Is Russell's profit performance better or worse than the industry a When comparing the gross profit percentage and the profit margin ratio with the industry averages, Russell's profit per Requirement 3. For the analysis of financial position, compute Russell's (a) current ratio and (b) debt to equity ratio. C- Industry average is 1.83. Is Russell's financial position better or worse than the industry averages? (a) Compute Russell's current ratio. (Round the ratio to two decimal places, X.XX.) Choose from any list or enter any number in the input fields and then continue to the next question. Type bere to search 0 !! Question Help ompare the company's profit performance and financial position with the averages for the industry. The CEO has given you the company's income ance sheet.) Dentage and (b) profit margin ratio. Compare these figures with the industry averages. Is Russell's profit performance better or worse than the Industry to one decimal place, X.X%.) ecimal place, XX%.) ce better or worse than the industry average? e Industry averages, Russell's profit performance is 3) than the industry averages for Current ratio and (b) debt to equity ratio. Compare these ratlos with the industry averages. Assume the current ratio industry average is 147, and the detto equity he industry averages? places, X.XX) continue to the next question quirements, pute Russells pront margin tauo. (Round the prout margin Talo to one decimar place, X.X%.) margin ratio % pare these figures with the industry averages. Is Russell's profit performance better or worse than the industry average ? en comparing the gross profit percentage and the profit margin ratio with the industry averages, Russell's profit performance is V than quirement 3. For the analysis of financial position, compute Russell's (a) current ratio and (b) debt to equity ratio. Compare these ratios with the Sustry average is 1.83. Is Russell's financial position better or worse than the industry averages? a) Compute Russell's current ratio. (Round the ratio to two decimal places, X.XXX Current ratio (b) Compute Russell's debt to equity ratio. (Round the ratio to two decimal places, Xxx Debt to equlty ratio WWW Compare these ratios with the industry averages. Assume the current ratio industry average is 1.47 and the debt to equity industry average is 1.83. Is Russ Russeil's current ratio is the industry average. The debt to equity ratio is the industry average Choose from any list or enter any number in the input fields and then continue to the next question p Typ be to march O Click the icon to view the income statement.) (Click the icon to view th the requirements. % g-term Liabilities al Liabilities % 64 ckholders' Equity % 35 tal Liabilities and Stockholders' Equity % 100. Requirement 2. For the profitability analysis, compute Russell's (a) gross profit perce average? (a) Compute Russell's gross profit percentage. (Round the gross profit percentage to Gross profil percentage % (b) Compute Russell's profit margin ratio. (Round the profit margin ratio to one decimal p Profit margin ratio Compare these figures with the industry averages. Is Russell's profit performance better or % When comparing the gross profit percentage and the profit margin ratio with the industry ave Requirement 3. For the analysis of financial position, compute Russell's (a) current ratio ana Choose from any lint or enter any number in the input fields and then continue to the nex ercentage and (b) profit margin ratio. Compare these figures with the industry averages. Is Russell's profit performance ge to one decimal place, X.X%.) decimal place, X.X%.) hance better or worse than the industry average? the industry averages, Russell's profit performance is by than the industry averages for industry averages. Assume the current ratio industry average better a) current ratio and (b) debt to equity ratio. Compare the on the industry averages? -es, X.XX.) worse amal places, X.XX.) Then continue to the next question tio. Compare these figures with the industry averages. Is Russell's profit performance better or worse than the Industry ustry average? By rofit performance is than the industry averages for aty ratio. Compare these ratios with the industry averages. Ass both the gross profit percentage and the profit margin ratio only the gross profit percentage only the profit margin ratio cussell Department Stores, Inc. chief executive officer (CEU alance sheet as well as the industry average data for retailers. Click the icon to view the income statement.) 5 (Click the icon to view the balance shee ad the requirements. compute Russer's promt margin rauo. Round the prone margin rauo to one decimar piace, ofit margin ratio % Compare these figures with the industry averages. Is Russell's profit performance better or worse When comparing the gross profit percentage and the profit margin ratio with the industry averages Requirement 3. For the analysis of financial position, compute Russell's (a) current ratio and (b) de industry average is 1.83. Is Russell's financial position better or worse than the industry averages? (a) Compute Russell's current ratio. (Round the ratio to two decimal places, X.XX.). Current ratio (b) Compute Russell's debt to equity ratio. (Round the ratio to two decimal places, X.XX.) Detto equity ratio Compare these Tatios with the industry averages. Assume the current ratio industry average is 1.47 and Puis current ratio is the industry average. The debt to equity ratio is Checne trom any list oronto any number in the input fields and then continue to the next question, O Click the icon to view the income statement.) Read the requirements. by compute Russers pront margin tauo. (Rouna une prom margin rauo to one decima Profit margin ratio % Compare these figures with the industry averages. Is Russell's profit performance better When comparing the gross profit percentage and the profit margin ratio with the industry a Requirement 3. For the analysis of financial position, compute Russell's (a) current ratio a Industry average is 1.83. Is Russell's financial position better or worse than the industry ave (a) Compute Russell's current ratio. (Round the ratio to two decimal places, X.XX.) Current ratio (b) Compute Russell's de close to Debt to equity ratio o to two decimal places, X.XX.) Compare these ratios wit significantly better than signlicantly worse than Russell's current ratio is the current ratio Industry average is 1. Choose from any list or enter any number in the input fields and then continue to the next que the industry average. The debt to equity ratio is ter or worse than the industry average? stry averages, Russell's profit performance is than the industry ave (ratio and (b) debt to equity ratio. Compare these ratios with the industry avera ustry averages? -> es, X.XX.) close to significantly better than significantly worse than dustry average is 1.47 verage is 1.83. Is Russell's financial e debt to equity ratio is the industry average. continue to the next