Income Statement Russell Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2025 Industry Russell Average Net Sales Revenue $ 783,000 100.0 % Cost of Goods Sold 526,176 65.8 Gross Profit 256,824 34.2 163,647 19.7 Operating Expenses Operating Income 93,177 14.5 7,047 0.4 Other Expenses $ 86,130 14.1 % Net Income Balance Sheet Russell Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2025 Industry Russell Average Current Assets 331,240 70.9 % Property, Plant, and Equipment, Net 128,380 23.6 Intangible Assets, Net 7,350 0.8 23,030 4.7 Other Assets $ 490,000 100.0 % Total Assets Current Liabilities 226,870 48.1% Long-term Liabilities 111,720 16.6 Total Liabilities 338,590 64.7 151,410 35.3 Stockholders' Equity Total Liabilities and Stockholders' 490,000 100.0 % Cauit

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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Question
Prepare a vertical analysis for Russell Department​ Stores, Inc. for both its income statement and balance sheet. Begin by preparing a vertical analysis for Russell Department​ Stores, Inc. for its income statement. 
Prepare a vertical analysis for Russell Department Stores, Inc for its balance sheet.
 

 

Income Statement
Russell Department Stores, Inc.
Income Statement Compared with Industry Average
Year Ended December 31, 2025
Industry
Russell
Average
Net Sales Revenue
$
783,000
100.0 %
Cost of Goods Sold
526,176
65.8
Gross Profit
256,824
34.2
163,647
19.7
Operating Expenses
Operating Income
93,177
14.5
7,047
0.4
Other Expenses
$
86,130
14.1 %
Net Income
Transcribed Image Text:Income Statement Russell Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2025 Industry Russell Average Net Sales Revenue $ 783,000 100.0 % Cost of Goods Sold 526,176 65.8 Gross Profit 256,824 34.2 163,647 19.7 Operating Expenses Operating Income 93,177 14.5 7,047 0.4 Other Expenses $ 86,130 14.1 % Net Income
Balance Sheet
Russell Department Stores, Inc.
Balance Sheet Compared with Industry Average
December 31, 2025
Industry
Russell
Average
Current Assets
331,240
70.9 %
Property, Plant, and Equipment, Net
128,380
23.6
Intangible Assets, Net
7,350
0.8
23,030
4.7
Other Assets
$
490,000
100.0 %
Total Assets
Current Liabilities
226,870
48.1%
Long-term Liabilities
111,720
16.6
Total Liabilities
338,590
64.7
151,410
35.3
Stockholders' Equity
Total Liabilities and Stockholders'
490,000
100.0 %
Cauit
Transcribed Image Text:Balance Sheet Russell Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2025 Industry Russell Average Current Assets 331,240 70.9 % Property, Plant, and Equipment, Net 128,380 23.6 Intangible Assets, Net 7,350 0.8 23,030 4.7 Other Assets $ 490,000 100.0 % Total Assets Current Liabilities 226,870 48.1% Long-term Liabilities 111,720 16.6 Total Liabilities 338,590 64.7 151,410 35.3 Stockholders' Equity Total Liabilities and Stockholders' 490,000 100.0 % Cauit
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