Handwrite in text plz not in pic since its hard to read from and plz dont copy answers that were answered before least 2-3 paragraphs

1. Prepare a vertical analysis for both the income statement and balance sheet.
2. Write a paragraph comparing the companys performance with the industry average.
3. Compute the following ratios and comment on what the results mean when evaluating the company:

Current ratio

Gross profit percentage ratio

Debt ratio

Profit margin ratio

least 2-3 paragraphs

RANDALL DEPARTMENT STORES, INC. Income Statement Compared with Industry Average Year Ended December 31, 2018 Industry Randall Average Net Sales Revenue $ 783,000 100.0% Cost of Goods Sold 527,742 65.8 Gross Profit 255,258 34.2 Operating Expenses 163,647 19.7 Operating Income 91,611 14.5 Other Expenses 6,264 Net Income $ 85,347 14.1% RANDALL DEPARTMENT STORES, INC. Balance Sheet Compared with Industry Average December 31, 2018 Industry Randall Average Current Assets $ 310,040 70.9% Property, Plant, and Equipment, Net 119,600 23.6 Intangible Assets, Net 7,360 0.8 Other Assets 23,000 4.7 Total Assets $ 460,000 100.0% 0.4 Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity $ 210,680 103,960 314,640 145,360 S460,000 48.1% 16.6 64.7 35.3 100.0%