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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
1.For 2018 and 2017, calculate return on sales, asset turnover, return on assets(ROA), leverage, return on common stockholders' equity(ROE), 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 2018?
Rolling Hills Decor, Inc.
Comparative Income Statements
Years Ended December 31,2018 and 2017
2018
Net sales $250,000
Cost of goods sold 123,000
Gross profit 127,000
Selling and general expenses 55,000
Income from operations 72,000
Interest expense 14,000
Income before income tax 58,000
Income tax expense 20,000
Net income $38,000
2017
Net sales $199,000
Cost of goods sold 102,000
Gross profit 97,000
Selling and general expenses 51,000
Income from operations 46,000
Interest expense 18,000
Income before income tax 28,000
Income tax expense 10,000
Net income $18,000
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