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Answer all parts of the question please 1 . For 2 0 1 8 and 2 0 1 7 , calculate return on sales, asset
Answer all parts of the question please
For and calculate return on sales, asset turnover, return on assetsROA leverage, return on common stockholders' equityROE gross profit percentage, operating income percentage, and earnings per share to measure the ability to earn profits for Rolling Hills Decor Inc. Perform a DuPont Analysis for ROA and ROE, and round each component ratio to three decimals places; for other ratio computations, round to two decimals. Did the company's operating performance improve or deteriorate during
Rolling Hills Decor, Inc.
Comparative Income Statements
Years Ended December and
Net sales $
Cost of goods sold
Gross profit
Selling and general expenses
Income from operations
Interest expense
Income before income tax
Income tax expense
Net income $
Net sales $
Cost of goods sold
Gross profit
Selling and general expenses
Income from operations
Interest expense
Income before income tax
Income tax expense
Net income $
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