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Here are comparative financial statement data for Bramble Company and Debra Company, two competitors. All data are as of December 31,2022 , and December 31,2021.
Here are comparative financial statement data for Bramble Company and Debra Company, two competitors. All data are as of December 31,2022 , and December 31,2021. \begin{tabular}{lrrrr} & \multicolumn{2}{c}{ Bramble Company } & \multicolumn{2}{c|}{ Debra Company } \\ \hline & \multicolumn{1}{c}{2022} & 2021 & 2022 & 2021 \\ \hline & $1,896,000 & & $561,000 & \\ \hline Net sales & 1,020,048 & & 297,330 & \\ \hline Cost of goods sold & 257,856 & & 79,662 & \\ \hline Operating expenses & 7,584 & & 3,927 & \\ \hline Interest expense & 54,984 & & 6,171 & \\ \hline Income tax expense & 322,500 & $310,000 & 83,500 & $78,000 \\ \hline Current assets & 520,800 & 500,300 & 139,800 & 123,000 \\ \hline Plant assets (net) & 64,200 & 75,600 & 34,400 & 29,600 \\ \hline Current liabilities & 108,400 & 90,400 & 28,400 & 26,000 \end{tabular} Commonstock,$10parRetainedearnings498,000172,700498,000146,300122,50038,000122,50022,900 Prepare a vertical analysis of the 2022 income statement data for Bramble Company and Debra Company. (Round percentages to 1 decimal place, e.g. 12.1%.) \begin{tabular}{|lll|} \hline & & \\ \hline Net Sales & & Brambless \\ \hline \end{tabular} Condensed Income Statement \begin{tabular}{cccc} & Debra Company \\ \hline Percent & Dollars & Percent \\ \hline \end{tabular} % (b1) 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%.) Bramble Company Return on assets Return on common stockholders' equity
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