Det th wa 1 --- - mu F15-32B (similar to) The Roost Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit perfc (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements Requirement 1. Prepare a common-size income statement and balance sheet for Roost. The first column of each stat Begin by preparing the common-size income statement for Roost. (Round your answers to one decimal place, XX%.) Roost Department Stores, Inc. Common-Size Income Statement Year Ended December 31, 2024 Roost Industry Average Net Sales Revenue 100.0 % Cost of Goods Sold 65.8% % Gross Profit % 34.2% 19.7 % % Operating Expenses Operating Income Other Expenses 9 14.5% 0.4 % Net Income 14.1 % Requirements - X 1. Prepare a common-size income statement and balance sheet for Roost. The first column of each statement should present Roost's common-size statement, and the second column, the industry averages 2. For the profitability analysis, compute Roost's (a) gross profit percentage and (b) profit margin tatio. Compare these figures with the industry averages. Is Roost's profit performance better or worse than the industry average? 3. For the analysis of financial position, compute Roost's (a) current ratio and (b) debt to equity ratio. Compare these ratios with the industry averages. Assume the current ratio industry average is 147 and the debt to equity industry average is 1.83. Is Roost's financial position better or worse than the industry averages? Print Done Enter any number in the edit fields and then click Check Answer 7 Parts remaining Data Table - Roost Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2024 Industry Average Roost Net Sales Revenue $ 780,000 528,060 100.0 % 65.8 Cost of Goods Sold Gross Profit 34.2 251,940 161,460 19.7 Operating Expenses Operating Income 90,480 7,020 14.5 0.4 Other Expenses $ 83,460 14.1 % Net Income Print Done i Data Table - X Roost Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2024 Industry Average Roost Current Assets $ 70.9 % 23.6 Property, Plant, and Equipment, Net Intangible Assets, Net 296,560 114,840 7,040 21,560 0.8 4.7 Other Assets $ 440,000 100.0 % Total Assets Current Liabilities $ 203,720 98,560 48.1 % 16.6 Long-term Liabilities Total Liabilities 64.7 302,280 137,720 35.3 Stockholders' Equity $ 440,000 100.0 % Total Liabilities and Stockholders' Equity Print Done F15-32B (similar to) The Roost Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit perfc (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements Requirement 1. Prepare a common-size income statement and balance sheet for Roost. The first column of each stat Begin by preparing the common-size income statement for Roost. (Round your answers to one decimal place, XX%.) Roost Department Stores, Inc. Common-Size Income Statement Year Ended December 31, 2024 Roost Industry Average Net Sales Revenue 100.0 % Cost of Goods Sold 65.8% % Gross Profit % 34.2% 19.7 % % Operating Expenses Operating Income Other Expenses 9 14.5% 0.4 % Net Income 14.1 % Requirements - X 1. Prepare a common-size income statement and balance sheet for Roost. The first column of each statement should present Roost's common-size statement, and the second column, the industry averages 2. For the profitability analysis, compute Roost's (a) gross profit percentage and (b) profit margin tatio. Compare these figures with the industry averages. Is Roost's profit performance better or worse than the industry average? 3. For the analysis of financial position, compute Roost's (a) current ratio and (b) debt to equity ratio. Compare these ratios with the industry averages. Assume the current ratio industry average is 147 and the debt to equity industry average is 1.83. Is Roost's financial position better or worse than the industry averages? Print Done Enter any number in the edit fields and then click Check Answer 7 Parts remaining The Roos Department stores, Inc. Chief we offer (CEO kod you to compare the company's profit performance and two position with the average for the industry. The CEO has given you the company's se aveno come standalon shee as well as the infony average data for rutier Click to view the income statement icke icon to view the balance sheet Redents Requirement. Prepare a common size income statement and balance sheet for Roost. The futuro cach trent should prosent Roost common settlement, and the secondoom, the industava Bron by preparing the common are income statement for Roost. (Round your arms to one domain XXS Roout Department stores, Inc. Common Sir Income Statut Year in December 31, 2024 ost Industry Average Nel San Rowe 100.0 Costa Goodi 500 X Gross Pro 34.2 - X Data Table Operating Expert Opening Hoone $4.55 Roost Desertment Stores Inc income Statemet Compared with Indsty Average Requirements 1. Prepare a common so come statement and balance sheet for Roost. The first column sath some os present Foot's commandement, and the second courm, the try werages 2. For the profitability anal compute Roosts tal gross prolt percentage and profit margin ato. Compete with the industry avage Rocatsprott performance better on wore than the industry everage? 1. For the analysis official position, compute Roost's a current and by debt to equity fatio. Com these to win the industry averages Assume the catentrations average 17 and the body by wrogel 183: to roonancial position Dette or worse than the industry werages Erre any number in the edities and then click Check Aww Print Done remaining Check An Done Type here to search Re 3 41 13 Presch Home F3 F 56