17.5/35 E > Question 1 of 7 Common-size analysis and differences in profitablllty and leverage) Comparative financial statementdata for Cool Brewery Ltd.and Northern BeerLtd, two competitors, follow amounts in thousands) Harn Beard 2010 Netsales Cost of goods sold Operating expenses Interest expense Income tax expense Cash Other currentassets Long-term assets (net] Current liabilities Long-term liabilities Share capital Retained earnings Cool Brewery 2019 $219 110 98.340 33,890 7 990 4340 12.800 $10,320 86,880 81,480 196.790 218,710 75 520 $5,070 94 610 120.740 55,800 48,900 70.540 85 300 20120 $41,380 15,530 18,700 380 1,130 4,640 8,200 26,290 3,510 7,700 18,300 9,620 $2,640 71980 29.880 4.340 7430 16,600 12130 ansame Prepare a common site analar 2020 for cool Brewery Ltd. and Northern Beer Ltd. Round Bercentage answers to 1 Retained earnings 20540 39,800 9620 12 130 Youranswer is correct Prepare a common-size analysis for 2020 for Cool Brewery Ltd. and Northern Beer Ltd. (Round percentage answers to 1 decimal place eg 1516.) Cool Brever Northern Beer Netsales 219110 100 Cost of goods sold 98.340 5 44.9 98 Operating expenses 83890 5 8813 193 Interest expense 7990 96 Income tax expense V 4340 P2 98 Net earnings $ 24050 88 $ e Textbook and Media Mouragment Question 1 of 7 17.5/35 Your answer is correct Calculate the return on assets and the return on shareholders'equity for both companies. (Round answers to decimal place, 15.1) Cool Brewery Northern Beer Return on assets 79 Return on shareholders equity 199 e Textbook and Media * Your answer is incorrect Calculate the debt to equity ratio for both companies at the end of 2020. Round answers to 2 decimal places, e 0.84) Cool Brewery Northern Beer Debt to equity ratio e Textbook and Media Solution earch o i LR manes at he end of 2020 Rondanesers to 2 decimal prices.es ORAL Debt te equity ratio 1.35 0140 eTextbook and Media Solution * Youranswer is incorrec Calculate the net debtas a percentage of total capitalization for both companies. {Round answers to 1 decimal place,eg. 15.1%) Cool Brewery Northern Beer Net debtas a percentage of total capitalization 136 96 0143 eTextbook and Media Solution stoel Attempe 2 used SAN