Compute the 2020 return on assets and the return on common stockholders equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1%.)

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 2020 Lord Company 2020 2019 2019 $ 1.866,000 $ 561,000 Net sales Cost of goods sold 1.000,176 297,330 Operating expenses 264,972 79,101 Interest expense 9,330 3,927 Income tax expense 54,114 6,732 325,000 $314,200 82,600 $ 79,200 520,200 501,800 140,400 124,200 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 74,400 37,000 30,200 64.800 107.000 90,400 28,000 25,400 503,000 503,000 116,000 par 116,000 Retained earnings 170,400 148,200 42,000 31,800 Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement For the Year Ended December 31, 2020 Duke Company Dollars Percent Dolla Net Sales $ 1,866.000 100.00 % Cost of Goods Sold 1,000.176 53.6 i % Gross Profit 865,824 46.4 % Operating Expenses 264.972 14.2 i % Income From Operations 600.852 32.2 % Other Expenses and Losses Interest Expense 9,330 0.5 i % Income Before Income Taxes 591,522 31.7 % Income Tax Expense 54 114 2.9 % Net Income /(Loss) GA 537.408 28.8 % 5 e Textbook and Media Attempts: 2 of 3 used (61) * Your answer is incorrect. Compute the 2020 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, eg. 12.1%.) Duke Company Lord Company Return on assets 57.29 % 66.96 % Return on common stockholders' equity 95.4 % 93.09 %