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compute the 2020 return on assets and the return on common stockholders equity ratios for both companies . Ch 18: Homework Question 1 of 5
compute the 2020 return on assets and the return on common stockholders equity ratios for both companies .
Ch 18: Homework Question 1 of 5 View Policies Show Attempt History Current Attempt in Progress Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019. Duke Company Lord Company Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings esc caps lock hift 2020 265,824 9,360 54,288 323,500 522,000 64,800 108,200 497,500 175,000 2019 $310,300 497,600 74,400 89,600 497,500 146,400 2020 $561,000 297,330 78,540 3,927 6,732 82,300 138,900 36.600 29,000 120,000 35,600 2019 $79,200 125.400 29,400 25,200 120.000 30,000
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