Score: 0.24 of 1 pt P15-32B (similar to) The McConnell Department Stores, Inc. chief executive officer (CEO) has asked you to compare 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 McConnell Department Stores, Inc. Common-Size Balance Sheet December 31, 2018 McConnell Current Assets Property, Plant, and Equipment, Net Intangible Assets, Net Other Assets Total Assets Industry Average 70.9% 23.6 % 0.8 % 4.7% 100.0% Current Liabilities 48.1 % 16.6% Long-term Liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 64.7% 35.3% 100.0% Enter any number in the edit fields and then click Check Answer. 6 parts o remaining 3 of 4 (4 complete) HW Score: 56.03%, 2.24 of * Data Table e company's profit performance and financial position with the averages for Data Table - X McConnell Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2018 McConnell Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2018 Industry McConnell Average Current Assets 283,500 70.9% Property, Plant, and Equipment Net 105,840 23.6 Intangible Assets Net 8,820 08 Other Assets 21,840 $ 420,000 100.0 % Total Assets Industry Average McConnell 100 0% 784.000 529 984 65.8 342 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Other Expenses 254,016 162 288 19.7 48. 10 194 040 94 080 16.6 91,728 7056 Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 64 288.120 131 880 84,672 Net Income 420.000 100.0% Print Done Print Done Clear All Check Answer 19:21