Net sales Cost of goods sold Operating expenses Interest expense income tax expense Pharoah Company 2017 2016 $1.924000 1,067,000 254.000 8,000 71.700 Qullumber Company 2017 2016 5563,000 281,000 91.000 3.000 35.000 Current assets Plant assets (net) Current liabilities Long term liabilities 622.612 5596.703 1,006,188 955.000 126,681 144807 217.721 171.900 159,172 $ 151,782 266,880 240,301 67,515 57,837 56.574 47.750 Common stock $10 par Retained earnings 955.000 329.399 955.000 279.996 229,200 72.763 229,200 57.296 Prepare a vertical analysis of the 2017 income statement data for Pharoah Company and Cullumber Company. (Round all ratios to 1 decimal place, es. 25%) Condensed Income Statement For the Year Ended December 31, 2017 Pharoah Company Cullumber Company Dollars Percent Dollars Percent $1.924,000 % 5563.000 1.067.000 % 281.000 857,000 % 282000 254,000 % 91.000 603,000 191.000 8,000 3.000 % 595.000 188.000 % 71700 35.000 % $523,300 % $153,000 % eTextbook and Media Compute the 2017 return on assets and the return on common stockholders' equity for both companies. (Round all ratios to 1 decimal place, es 2.5%) Pharoah Company Cullumber Company Return on assets % Return on common stockholders' equity % %