Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All balance sheet data are as of…

C-assignment
March 1, 2021
C++ exam by VS2012(required)
March 1, 2021

Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All balance sheet data are as of…

Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All balance sheet data are as of December 31, 2014, and December 31, 2013.

   
Lionel Company
 
Barrymore Company
   
2014
 
2013
 
2014
 
2013
Net sales   $1,584,749       $339,211    
Cost of goods sold   1,045,377       236,843    
Operating expenses   275,434       77,989    
Interest expense   7,180       2,760    
Income tax expense   61,744       7,850    
Current assets   404,601   $389,814   86,918   $ 82,296
Plant assets (net)   595,905   575,331   143,366   126,427
Current liabilities   65,964   74,273   18,013   15,669
Long-term liabilities   102,105   85,922   15,837   10,351
Common stock, $5 par   581,000   581,000   132,000   132,000
Retained earnings   251,437   223,950   64,434   50,703
 

Prepare a vertical analysis of the 2014 income statement data for Lionel Company and Barrymore Company in columnar form.
 
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