The Ambrose Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's...
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The Ambrose Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit perfomance and financial position with the averages for the industry The C (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 Ambrose for both is income statement arid balance sheet Begin by preparing a vertical analysis for Ambrose for its income statement Round the percent of total amounts to one decimal place. XX%) Ambrose Department Stores, Inc. Income Statement Year Ended December 31, 2018) Amount Percent of Total Net Sales Revenue S 779.000 Cost of Goods Sold 525.825 Gross Profit 253,175 Operating Expenses 161,253 Operating Income 91,922 5,453 Other Expenses $. 86,469 Net Income The Ambrose Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit perfomance and financial position with the averages for the industry The C (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 Ambrose for both is income statement arid balance sheet Begin by preparing a vertical analysis for Ambrose for its income statement Round the percent of total amounts to one decimal place. XX%) Ambrose Department Stores, Inc. Income Statement Year Ended December 31, 2018) Amount Percent of Total Net Sales Revenue S 779.000 Cost of Goods Sold 525.825 Gross Profit 253,175 Operating Expenses 161,253 Operating Income 91,922 5,453 Other Expenses $. 86,469 Net Income
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