For 2015and 2016 calculate return on sales, asset turnover, return on assets?(ROA), ?leverage, return on common? ?stockholders' equity?(ROE), ?gross profit? ?percentage, operating income? ?percentage, and earnings per share to measure the ability to earn profits for Rolling Hills ?Decor, ?Inc. Perform a DuPont Analysis for ROA and? ?ROE, and round each component ratio to three decimals? ?places; for other ratio? ?computations, round to two decimals. Did the? ?company's operating performance improve or deteriorate during 2018??

Rolling Hills Decor, Inc.?Comparative Income Statements?Years Ended December31,2015 ?and 2016?? ?

2018??

Net sales $250,000??

Cost of goods sold123,000??

Gross profit127,000????

Selling and general expenses55,000?

?Income from operations72,000??

Interest expense14,000??

Income before income tax58,000??

Income tax expense20,000??

Net income $38,000????

2017???

Net sales $199,000??

Cost of goods sold102,000??

Gross profit97,000??

Selling and general expenses51,000?

?Income from operations46,000??

Interest expense18,000??

Income before income tax28,000??

Income tax expense10,000??

Net income $18,000

Additional Info

2018

Total Assets $310,000

Common Stockholders' ?equity $196,000

Preferred Dividends $2000

Average Common Shares Outstanding during the year 15000?

?

2017

Total Assets $305,000

Common Stockholders' ?equity $194,000

Preferred Dividends $1000

Average Common Shares Outstanding during the year 14000

?

2016

Total Assets $300,000

Common Stockholders' ?equity $192,000

Preferred Dividends $0

Average Common Shares Outstanding during the year 13000

The comparative income statements and additional data for Rolling Hills Decor, Inc., follow: | (Click the icon to view the comparative income statements.) Read the requiremen (Click the icon to view the additional data.) Select the formula for each of the following component ratios, then calculate the ratios for 2018 and 2017. (Round ALL of your answers to three decimal places, X.XXX, and do not enter in percentage format. Ignore interest expense in your analysis.) Ratio ROS Formula 2018 2017 AT Net sales/Average total assets ROA L Average total assets / Average common stockholders' equity ROE