HELPPPP A,B,C,D

The following information is available for the Memphis and Billings companies: Sales Cost of goods sold Operating expenses Total assets Stockholders' equity Memphis $ 946,400 654,200 244,600 1,140,000 340,000 Billings $1,147,200 732,200 301,000 1,150,000 380,000 Required a. Prepare a common size income statement for each company b. Compute the return on assets and return on equity for each company. c. Which company is more profitable from the stockholders' perspective? d. One company is a high-end retailer, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Prepare a common size income statement for each company. (Round percentage answers to 1 decimal place.) MEMPHIS COMPANY AND BILLINGS COMPANY Common Size Income Statements Memphis % Billings % b. Compute the return on assets and return on equity for each company. c. Which company is more profitable from the stockholders' perspective? d. One company is a high-end retailer, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below. 5:53 Required A Required B Required Required D Prepare a common size income statement for each company. (Round percentage answers to 1 decimal place.) MEMPHIS COMPANY AND BILLINGS COMPANY Common Size Income Statements Memphis % Billings % Required Required B Required A Required B Required C Required D Compute the return on assets and return on equity for each company. (Round your answers to 1 dec Return on assets Return on equity Memphis Company % % Billings Company % % Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Which company is more profitable from the stockholders' perspective? Which company is more profitable from the stockholders' perspective?