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Here are comparative financial statement data for Bramble Company and Maria Company, two competitors. All data are as of December 31, 2022, and December 31,
Here are comparative financial statement data for Bramble Company and Maria Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Maria Company 2021 2022 $ 559.000 Bramble Company 2022 2021 $ 1.824.000 1.050,624 269.952 7,296 54.720 Net sales Cost of goods sold Operating expenses Interest expense 296,829 79,937 4.472 Income tax expense 6,708 329,000 $312,100 82.300 $ 78,900 499,700 140,700 125.100 29,000 74,200 34.400 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings 520,800 65,000 108.400 495,500 30,800 92.000 495.500 25,200 122,500 122.500 180.900 150,100 35.300 27.300 (a) Prepare a vertical analysis of the 2022 income statement data for Bramble Company and Maria Company. (Round percentages to 1 decimal place ec 12.1% a Prepere a vertical analysis of the 2022 income statement data for Bramble Company and Maria Company. (Round percentages to 1 decimal place, eg. 12.1%.) Condensed Income Statement Bramble Company Maria Company Dollars Percent Dollars > % % $ % $ 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%) Bramble Company Maria Company Return on assets Return on common stockholders' equity 96 26
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