Compute four ratios that measure ability to earn profits for Harmon Decor Inc., whose comparative income statement follows:

Did the company's operating performance improve or deteriorate during 2020?

Compute return on net sales (ROS), return on total assets (ROA), return on common shareholders' equity (ROE), and earnings per share (EPS) to measure the ability to earn profits for Harmon Decor Inc.

Select tbe formula for each of the following component ratios, and then calculate the ratios for 2020 and 2019.

Harmon Decor Inc. Comparative Income Statement For the Years Ended December 31, 2020, and 2019 (in thousands) 2020 2019 Net sales $ 190,000 $ 160,000 92,000 83,500 Cost of goods sold Gross profit 98,000 51,400 76,500 42,000 Selling and general expenses Income from operations 34,500 Interest expense 46,600 8,600 6.100 Income before income tax Income tax expense 38,000 9,950 28,400 11,100 Net income $ 28,050 $ 17,300 Total assets. Common shareholders' equity 2020 2019 2018 $ 203,000 $ 195,000 $ 165,500 98,000 $ 91,000 $ 78.800 5,000 $ 1,500 $ 0 19,500 15,500 12,000 Preferred dividends Average common shares outstanding during the year