Question: Need help (Common-size analysis and differences in profitability and leverage) Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow

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Need help (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 $226.180 $40,060 Cost of goods sold 100,230 14.120
Operating expenses 84,920 14.670 Interest expense 8,240 340 Income tax expense 4,340

(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 $226.180 $40,060 Cost of goods sold 100,230 14.120 Operating expenses 84,920 14.670 Interest expense 8,240 340 Income tax expense 4,340 Cash 11,210 Other current assets 77,860 ENG $9,660 82,790 1,040 4,640 $2,440 7,510 7,740 Long-term assets (net) 210,330 190,200 28,080 30,670 Current liabilities 65,650 61,850 3,610 3,600 Long-term liabilities 112,700 121,590 8,020 6,980 Share capital 52,400 45,600 17,300 16.200 Retained earnings 68,650 53,610 11.300 14,070 Prepare a common-size analysis for 2020 for Cool Brewery Ltd. and Northern Beer Ltd. (Round percentage answers to 1 decimal place, e.g. 15.1%.) Cool Brewery Northern Beer $ $ % eTextbook and Media Calculate the return on assets and the return on shareholders' equity for both companies. (Round answers to 1 decimal place, e.g. 15.1%) Cool Brewery Northern Beer % Return on assets % % % Return on shareholders' equity eTextbook and Media Calculate the debt to equity ratio for both companies at the end of 2020. (Round answers to 2 decimal places, e.g. 0.84.) Cool Brewery Northern Beer Debt to equity ratio eTextbook and Media Calculate the net debt as a percentage of total capitalization for both companies. (Round answers to 1 decimal place, e.g. 15.1%) Cool Brewery Northern Beer % % Net debt as a percentage of total capitalization

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