The Verifine Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the averages 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.

Verifine Department Stores, Inc.
Income Statement
Year Ended December 31, 2018
	Amount	Percent of Total
Net Sales Revenue	$777,000		%
Cost of Goods Sold	525,252		%
Gross Profit	251,748		%
Operating Expenses	161,616		%
Operating Income	90,132		%
Other Expenses	6,993		%
Net Income	$83,139		%

Prepare a vertical analysis for

VerifineVerifine

for its balance sheet. (Round the percent of total amounts to one decimal place, X.X%.)

Verifine Department Stores, Inc.
Balance Sheet
December 31, 2018
	Amount	Percent of Total
Current Assets	$317,720		%
Property, Plant, and Equipment, Net	122,670		%
Intangible Assets, Net	7,520		%
Other Assets	22,090		%
Total Assets	$470,000		%
Current Liabilities	$216,200		%
Long-term Liabilities	107,160		%
Total Liabilities	323,360		%
Stockholders' Equity	146,640		%
Total Liabilities and Stockholders' Equity	$470,000		%