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Fill in the blank please All three pictures At the end of 2016 the following information is available for Jackson and Fargo companies: Jackson Fargo
Fill in the blank please All three pictures At the end of 2016 the following information is available for Jackson and Fargo companies: Jackson Fargo Sales Cost of goods sold Operating expenses Total assets Stockholders' equity $928,000 $1,124,240 641,000 726,000 231,000 327,620 1,350,000 1,460,000 321,000 311,000 Required a. Prepare a common size income statement for each company. (Round percentage answers to 1 decimal place.) JACKSON COMPANY AND FARGO COMPANY Common Size Income Statements For the Year Ended 2016 Jackson Fargo 00.0 0.0 0.0 0.0 b. Compute the return on assets and return on equity for each company. (Round your answers to 2 decimal places.) Jacksor Company Fargo Compa Return on assets Return on equity
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