Question

The McConnell 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.


Requirements
1. Prepare a vertical analysis for McConnell for both its income statement and balance sheet.
2. Compare the company’s profit performance and financial position with the average for theindustry.


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  • CreatedJanuary 16, 2015
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