The Randall Department Stores, Inc. chief executive officer (CEO) has asked you to compare the companys profit performance and financial position with the averages for the industry. The CEO has given you the companys income statement and balance sheet as well as the industry average data for retailers.

Randall Department Stores, INC. Income Statement Compared with Industry Average Year Ended December 31, 2018
	Randall Industry Average
Net Sales Revenue	$783,000	100.0%
Cost of Goods Sold	527,742	65.8
Gross Profit	255,258	34.2
Operating Expenses:	163,647	19.7
Operating Income	91,611	14.5
Other Income and (Expenses):	6,264	0.4
Net Income	$85,347	14.1%

Randall Department Stores, INC. Balance Sheet Compared with Industry Average December 31, 2018
	Randall	Industry Average
Current Assets	$310,040	70.9%
Property, Plant, and Equipment, Net	119,600	23.6
Intangible Assets, Net	7,360	0.8
Other Assets	23,000_______________	4.7___________________
Total Assets	$460,000	100.0%
Current Liabilities	$210,680	48.1%
Long-Term Liabilities	103,960	16.6
Total Liabilities	314,640	64.7
Stockholders Equity	145,360	35.3
Total Liabilities and Stockholders Equity	$460,000	100.0%

1. Prepare a vertical analysis for both the income statement and balance sheet.

2. Write a paragraph comparing the companys performance with the industry average.

3. Compute the following ratios and comment on what the results mean when evaluating the company:

Current ratio

Gross profit percentage ratio

Debt ratio

Profit margin ratio

(I only need the third question answered. THANK YOU!)