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The balance sheets for Plasma Screens Corporation and additional information are provided below. 1. Net income is $184,000 2. Sales on account are $1,890,000. (All sales are credit-sales.) 3. Cost of goods sold is $1,394,250 Required: 1. Calculate the following profitability ratios for 2024 : 2. When we compare two companies, can one have a higher return on assets while the other has a higher return on equity? Required: 1. Calculate the following profitability ratios for 2024 2. When we compare two companies, can one have a higher return on assets while the other has a higher return on equity? A Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Calculate the following profitability ratios for 2024 : (Round your answers to 1 decimal place.)