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please complete both requirements The Verifine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position
please complete both requirements
The Verifine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the averages for the industry. The CEO has given you the company's income statement 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 balance sheet) Read the requirements. Requirement 1. Prepare a vertical analysis for Verifine for both its income statement and balance sheet. Begin by preparing a vertical analysis for Verifine for its income statement. (Round the percent of total amounts to one decimal place, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Requirements 1. Prepare a vertical analysis for Verifine for both its income statement and balance sheet. 2. Compare the company's profit performance and financial position with the average for the industry. Data table Data table Step by Step Solution
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