please have it to where it does not cut off on the sides thank you!
ndus Vorifine Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2024 Industry Verifine Average Vorifine Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2024 Industry Verifine Average Net Sales Revenue 784,000 100.0 % 65 8 527 632 Cost of Goods Sold Gross Profit 256,368 34.2 163,072 19.7 Operating Expenses Operating Income 93,296 14.5 $ 290,680 enter 70.9% 23.6 Current Assets Property, Plant, and Equipment, Net Intangible Assets, Net Other Assets 108,360 9,890 21,070 0.8 4.7 $ 430,000 100.0 % Total Assets Data table nd 23.6 Year Ended December 31, 2024 Property, Plant, and Equipment, Net Intangible Assets, Net 708,360 9,890 21.070 0.8 4.7 Industry Average Verifine Other Assets 430,000 100.0 % $ Net Sales Revenue Total Assets 784,000 527.632 100.0 % 65.8 Cost of Goods Sold 34.2 $ Gross Profit 199,090 94,600 Current Liabilities 256,368 163,072 48.1 % 16.6 19.7 Long-term Liabilities Operating Expenses Operating Income 14.5 64.7 293,690 136,310 93,296 4,704 Total Liabilities 0.4 35.3 Other Expenses Stockholders' Equity 88,592 14.1% 430,000 100.0% Net Income Total Liabilities and Stockholders' Equity The Verifine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company proft 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 Requirement 1. Prepare a vertical analysis for Verline 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 amount to one decimal place, XX, and do not enter the X For example, unter 10.1% as 10.1.) Verifine Department Stores, Inc. Income Statement Year Ended December 31, 2024 Amount Percent of Total Net Sales Revenue 5 764,000 Cost of Goods Sold 627.632 Gross Profit 256 300 163,072 Operating Expenses Operating Income 93.296 4,704 Other Expenses 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 retailera. Begin by preparing a vertical analysis for Verifine for its income statement (Round the percent of total amounts to one decimal place, XX and do not enter the . For example, enter 10.15 as 10.1.) Verifine Department Stores, Inc. Income Statement Year Ended December 31, 2024 Amount Percent of Total Net Sales Revenue 784,000 527.632 Cost of Goods Sold Gross Profit 256,368 183 072 Operating Expenses Operating income 93.290 4.704 Other Expenses $ 88,592 Net Income Verifine Department Stores, Inc. Balance Sheet December 31, 2024 Amount Percent of Total % 290,680 108,360 % Current Assets Property, Plant, and Equipment, Net Intangible Assets, Net Other Assets % 9,890 21,070 % $ 430,000 Total Assets % Current Liabilities % 199,090 94,600 % Long-term Liabilities Total Liabilities % 293,690 136.310 The Venifine 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 430,000 Total Assets Current Liabilities $ 199.090 Long-term Liabilities 94.600 Total Liabilities 293,690 Stockholders' Equity 136,310 $ Total Liabilities and Stockholders' Equity 430,000 Requirement 2. Compare the company's prot performance and financial position with the average for the industry Verine's gross profit percentage and profit margin ratio are both the industry average, which indicates an) profit performance as compared with the industry The company showed a slightly investment in faxed and intangible assets than the industry average. The company's percentage of debt to total assets is than the industry, which would generally indicalea financial position than the average for the industry
