Roost Department Stores, Inc. Income Statement Compared with Industry Average 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\%.) Prepare a vertical analysis for Roost for its balance sheet. (Round the percent of total amounts to one decimal place, X.X\%.) 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 industry average, which indicates a(n) profit performance as compared with the industry. The company showed a slightly investment in fxed and intangle 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