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

Comparative statement data for Farris Company and Ratzlaff Company, two competitors, appear below. All balance sheet data are as of December 31, 2017, and December 31, 2016. Fa rrls Comp: Iw Ralzlaff Corn pawnr 201?r 2016 201?r 2016 Net sales $1,520,000 $339,000 Cost of goods sold 1,030,000 240,600 Operating expenses 30 1,100 80,000 Interest expense 8,200 2,300 Income tax expense 53,500 7,000 Current assets 322,000 $310,600 82,600 $79,200 Plant assets (net) 519,900 498,200 140,100 124,500 Current liabilities 65,000 75,000 35,800 31,400 Long-term liabilities 108,000 90,200 28,600 25,200 ESPN" Stock $10 492,000 492,000 1 12,000 1 12,000 Retained earnings 171,900 146,600 41,300 30,100 V (a) Condensed Income Statement For the Year Ended December 31J 201? Farris Company Ralzla'' Company Dollars 339,000 Dollars Net Sales 1,520,000 Cost of Goods Sold 1030000 5?.8 % ~' Gross Prt 490000 32.2 % 93400 ~' Operatlng Expenses 301100 19-3 % 30000 ~' Income From Operatlens 133900 12-4 % 13400 Other Expenses and Losses Interest Expense 3200 Income Before Income Taxes 130100 11.9 % 1510:: Income Tax Expense 53500 3.5 % Net Income 1 [Loss] . 13200 ' l 33 2300 0 ? It 25 'K tat-t M .h D IEII IIIII E I a K a a :3 4? 21 9100 2? It I'L Compute the return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1 '95:.) Farril Company Raulll'l' (:mnnalwr x . x. Wm\" l_|% Iml % x . x. Return on common stockholders' equity _| % _| % SHOW