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Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December

Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019.

Duke Company

Lord Company

2020

2019

2020

2019

Net sales $1,872,000 $561,000
Cost of goods sold 1,070,784 297,330
Operating expenses 265,824 78,540
Interest expense 9,360 3,927
Income tax expense 54,288 6,732
Current assets 323,500 $310,300 82,300 $79,200
Plant assets (net) 522,000 497,600 138,900 125,400
Current liabilities 64,800 74,400 36,600 29,400
Long-term liabilities 108,200 89,600 29,000 25,200
Common stock, $10 par 497,500 497,500 120,000 120,000
Retained earnings 175,000 146,400 35,600 30,000

Compute the 2020 return on assets and the return on common stockholders equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1%.)

Duke Company

Lord Company

Return on assets enter a percentage number rounded to 1 decimal place % enter a percentage number rounded to 1 decimal place %
Return on common stockholders equity enter a percentage number rounded to 1 decimal place % enter a percentage number rounded to 1 decimal place %

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