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PETA LO 2, 3), AN Writing Here are compar t ment Company, two competitors. All balance sheet data areas of December com a 2011 December
PETA LO 2, 3), AN Writing Here are compar t ment Company, two competitors. All balance sheet data areas of December com a 2011 December 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 Duke Company Lord Company 2022 2021 2022 2021 $1,849.000 5546.000 1,063,200 289.000 240.000 82.000 6,800 3,600 62.000 28,000 325.975 $312.410 83.336 $79.467 526,800 500.000 139,728 125.812 66,325 75,815 35,348 30.281 113,990 90,000 29,620 25,000 500,000 500,000 120,000 120,000 172,460 146,595 38,096 29,998 Instructions a. Prepare a vertical analysis of the 2022 income statement data for Duke Company and Lord Company. b. Comment on the relative profitability of the companies by computing the 2022 return on assets and the return on common stockholders' equity for both companies. lhe Company are presented here. Compute
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