RANDALL DEPARTMENT STORES, INC.
Income Statement compared with Industry Average
Year Ended December 31, 2020
	Randall	Industry Average
Net Sales Revenue	$800,000	100	%
Cost of Goods Sold	627,200	67.4
Gross Profit	172,800	32.6
Operating Expenses	95,000	20.9
Operating Income	77,800	11.7
Other Expenses	8,054	0.8
Net Income	$69,746	10.9	%
RANDALL DEPARTMENT STORES, INC.
Balance Sheet
31-Dec-20
	Randall	Industry Average
Current Assets	$300,000	68	%
Property, Plant, and Equipment, Net	130,600	25.2
Intangible Assets, Net	8,400	1
Other Assets	7,500	5.8
Total Assets	446,500	100	%
Current Liabilities	$230,000	65	%
Long-term Liabilities	95,000	17
Total Liabilities	325,000	82
Stockholders' Equity	121,500	18
Total Liabilities and Stockholders' Equity	$446,500	100	%

Please refer to the Income Statement and Balance Sheet above and perform the following.

1. make a vertical analysis for both the income statement and balance sheet.
2. make a paragraph comparing the company's performance with the industry average.
3. Compute the following ratios and comment on what the results mean when evaluating the company:

Current ratio

The gross profit percentage ratio

Debt ratio

Profit margin ratio