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

Here are comparative financial statement data for Bonita Company and Linda Company, two competitors. All data are as of December 31, 2022, and December 31, 2021.

Bonita Company

Linda Company

2022

2021

2022

2021

Net sales

$1,836,000 $561,000

Cost of goods sold

1,029,996 297,330

Operating expenses

269,892 79,662

Interest expense

9,180 4,488

Income tax expense

53,244 6,171

Current assets

326,500 $310,300 83,200 $78,000

Plant assets (net)

519,000 499,100 139,200 125,700

Current liabilities

65,000 75,600 36,200 29,600

Long-term liabilities

107,600 89,800 28,800 24,400

Common stock, $10 par

505,000 505,000 116,000 116,000

Retained earnings

167,900 139,000 41,400 33,700

Compute the 2022 return on assets and the return on common stockholders equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1%.)

Bonita Company

Linda Company

Return on assets

enter percentages rounded to 1 decimal place % enter percentages rounded to 1 decimal place %

Return on common stockholders equity

enter percentages rounded to 1 decimal place % enter percentages rounded to 1 decimal place %

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