(Common-size analysis and differences in profitability and leverage) Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands): Cool Brewery Ltd. Northern Beer Ltd. 2020 2019 2020 2019 Net sales $212,100 $37,750 Cost of goods sold 104,040 15,320 Operating expenses 78,070 15,480 Interest expense 7,230 390 Income tax expense 4,440 1,250 Cash 11,980 $10,390 4,840 $2,490 Other current assets 84,680 74,440 7,750 7,250 Long-term assets (net) 204,020 203,950 27,170 33,090 Current liabilities 73,580 65,740 4,190 3,770 Long-term liabilities 95,700 118,660 8,090 7,400 Share capital 49,900 45,100 18,800 18,100 Retained earnings 81,500 59,280 8,680 13,560