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DUE IN 30 MIN. PLEASE HELP!!!!!! Here are comparative financial statement data for Vaughn Company and Sandra Company, two competitors. All data are as of
DUE IN 30 MIN. PLEASE HELP!!!!!!
Here are comparative financial statement data for Vaughn Company and Sandra Company, two competitors. All data are as of December 31, 2022, and December 31, 2021 Vaughn Company 2022 2021 $1872,000 1,100,736 Sandra Company 2022 $559,000 2021 Net sales 297.388 Cost of goods sold Operating expenses 263,952 79,378 Interest expense 9.360 4,472 Income tax expense 54,288 6,149 Current assets 326,000 $314,500 83,500 $78,600 Plant assets (net) 519.600 497.900 141.000 125,100 Current liabilities 66,000 75,800 36.600 29,800 Long-term liabilities 107,800 91,600 30,400 25,600 Common stock, $10 par 498,000 498,000 122.500 122.500 Retained earnings 173,800 147,000 35,000 25,800 Vaughn Company Dollars Percent Dollars % $ % % % 96 C % % % % $ Compute the 2022 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, e-8. 12.1%.) Vaughn Company Sandra Company Return on assets % % Return on common stockholders' equity % % e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Step by Step Solution
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