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Specialty Department Stores' chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the average for the
Specialty Department Stores' chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the average 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. Assets Current assets % 71.1% - > Fixed assets, net % 23.7% Data table Intangible assets, net % 0.6% 4.6% Other assets % 7 Current assets $ 324,000 71.1% A 100.0% Total assets % 8 Fixed assets, net 122,880 23.7% Liabilities 9 Intangible assets, net 9,120 0.6% Current liabilities % 48.3% 10 Other assets 24,000 4.6% 16.8% Long-term liabilities % 11 Total assets S 480,000 100.0% Total liabilities % 65.1% 12 Liabilities Stockholders' equity 13 Current liabilities $ 224,640 48.3% 34.9% Total common stockholders' equity % 14 Long-term liabilities 105,600 16.8% 100.0% Total liabilities and equity % 15 Total liabilities $ 330,240 65.1% 16 Stockholders' equity 17 Total common stockholders' equity S 149,760 34.9% 18 Total liabilities and equity S 480,000 100.0%
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