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Page 2 > of 10 0 ZOON Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All balance sheet data are
Page 2 > of 10 0 ZOON Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All balance sheet data are as of December 31, 2013, and December 31, 2012. Lionel Company 2013 2012 Barrymore Company 2013 2012 $1.549,035 $339,038 241.000 1,080,490 302.275 79,000 8.980 2.252 54,500 6,650 325,975 $312.410 83.3365 $ 79.467 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings Instructions 500.000 521.310 65,325 139.728 35.348 125.812 30.281 75.813 108.500 90.000 25.000 29,620 120.000 500.000 500.000 173.460 120,000 29.998 146,595 38,096 (a) Prepare a vertical analysis of the 2013 income statement data for Lionel Company and Barrymore Company in columnar form. (b) Comment on the relative profitability of the companies by computing the return on assets and the return on common stockholders' equity ratios for both companies. 0 e ? 8 10 1-44 % ** 4. 6 8 R ULLLLL
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