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Here are comparative financial statement data for Bonita Company and Amy Company, two competitors. All data are as of December 31, 2022, and December 31,

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Here are comparative financial statement data for Bonita Company and Amy Company, two competitors. All data are as of December 31, 2022, and December 31, 2021 Bonita Company Amy Company 2022 2021 2022 2021 Net sales $ 1,836,000 $ 559,000 Cost of goods sold 1.099,764 297,388 Operating expenses 269.892 78,260 Interest expense 9,180 3,913 Income tax expense 55,080 6,149 Current assets 326,000 $ 310,000 82.900 $78,900 Plant assets (net) 519,600 500,000 140.100 124 200 Current liabilities 65,200 75.000 34,000 32,000 Long-term liabilities 107.000 90.000 30,000 24.200 Common stock, $10 par 495,000 495.000 115,000 115,000 Retained earnings 178,400 150,000 44,000 31,900 Prepare a vertical analysis of the 2022 income statement data for Bonita Company and Amy Company. (Round percentages to 1 decimal place, es. 12.1%) Condensed Income Statement For the Year Ended December 31.2022 Bonita Company Dollars Percent Dollars Net Sales 1836000 100 % Cost of Goods Sold 1099764 59.9 % 29 Gross Profit 736236 401% Operating Expenses 269892 147 9 Income From Operations 466344 25.4% Other Expenses and Losses Interest Expense 9180 0.5 1% Income Before Income Taxes 457164 24.9% Income Tax Expense 55080 3.0 % Net Income/(Loss) 402084 219 % $ Prepare a vertical analysis of the 2022 income statement data for Bonita Company and Amy Company. (Round percentages to 1 decimal place, eg. 12.1%) Condensed Income Statement For the Year Ended December 31, 2022 Bonita Company Amy Company yollars Percent Dollars Percent 1836000 100 % 559000 100 % 1099764 59.9 % 297388 53.2 96 736236 40.1 % 261612 468 % 269892 14.7 % % 782601 14 % 466344 25.4 % 183352 328% 9180 0.5 % 3913 0.7 % 457164 24.9 % 179439 321 % 11 3.0 6149 55080 i % 1% 219 % $ 173290 402084 310 % (61) Compute the 2022 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, eg. 12.1%) Bonita Company Amy Company Return on assets 96 % Return on common stockholders' equity % 95

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