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P18.1 (LO 2, 3), AN Writing Here are comparative financial statement data for Duke Company and Lord Company, two competitors. All data are as of

image text in transcribed P18.1 (LO 2, 3), AN Writing Here are comparative financial statement data for Duke Company and Lord Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Prepare vertical analysis and c on profitability. Instructions a. Prepare a vertical analysis of the 2022 income statement data for Duke Company and Lord Company. b. Comment on the relative profitabilitv of the combanics bv comnuting the 2022 return on assets and

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