Data table Roost Department Stores, Inc. Balance Sheet Compared with Industry Average - Data table Roost Department Stores, Inc. Income Statement Compared with Industry Average - 10.1% as December 31, 2024 Year Ended December 31, 2024 Roost Industry Average Industry Roost Average Current Assets $ 290,680 70.9% Net Sales Revenue 776,000 100.0 % Property, Plant, and Equipment, Net 108,360 23.6 525,352 65.8 Cost of Goods Sold Intangible Assets, Net 10,750 0.8 Gross Profit 250,648 34.2 20,210 4.7 Other Assets 162,184 19.7 Operating Expenses 430,000 100.0 % Total Assets Operating Income 88,464 14.5 7,760 0.4 Other Expenses 1.) Current Liabilities 196,940 96,320 48.1% 80,704 14.1 % Net Income 16.6 Long-term Liabilities Total Liabilities 293,260 64.7 - 136,740 35.3 Stockholders' Equity Requirements 430,000 100.0 % Total Liabilities and Stockholders' Equity Calculator Print Done 1. Prepare a vertical analysis for Roost for both its income statement and balance sheet. 2. Compare the company's profit performance and financial position with the average for the industry. Print Done Requirement 1. Prepare a vertical analysis for Roost for both its income statement and balance sheet. Begin by preparing a vertical analysis for Roost for its income statement. (Round the percent of total amounts to one decimal place, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Roost Department Stores, Inc. Income Statement Year Ended December 31, 2024 Amount Percent of Total Net Sales Revenue $ 776,000 % 525,352 Cost of Goods Sold Gross Profit 250,648 162,184 Operating Expenses % Operating Income 88,464 % 7,760 Other Expenses 80,704 Net Income Prepare a vertical analysis for Roost for its balance sheet. (Round the percent of total amounts to one decimal place, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Roost Department Stores, Inc. Balance Sheet December 31, 2024 Amount Percent of Total Current Assets 290,680 % Property, Plant, and Equipment, Net 108,360 % Intangible Assets, Net 10,750 % 20,210 Other Assets % $ 430,000 Total Assets % Current Liabilities $ 196,940 % Long-term Liabilities 96,320 % Total Liabilities 293,260. Stockholders' Equity 136,740 % $ 430,000 Total Liabilities and Stockholders' Equity % Requirement 2. Compare the company's profit performance and financial position with the average for the industry. Roost's gross profit percentage and profit margin ratio are both The company showed a slightly the industry average, which indicates a(n) profit performance as compared with the industry. investment in fixed and intangible assets than the industry average. The company's percentage of debt to total assets is than the industry, which would generally indicate a financial position than the average for the industry