Directions: The Red Dress Press, Inc. is a daily newspaper publishing company, located in Springfield, somewhere in the United States. Business for the company has been fluctuating over the past several years. To get a better handle on the health of the business, the CFO has requested that data for the previous years of 202X and 202Y be compared to each other, as well as to industry averages. Using the financial data provided below, calculate the requested ratios and provide your analysis of the current financial situation at Red Dress Press. Use the functions of Excel for calculating your data to simplify the process. Enter answers into each colored cell.

Red Dress Press, Inc. Inc. December 31 Income Statements (Thousands of Dollars) Profitability Ratios semeriles ivi your iespuise