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Problem 13-01A a,b1 Here are comparative statement data for Sandhill Company and Carla Vista Company, two competitors. All balance sheet data are as of December

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Problem 13-01A a,b1 Here are comparative statement data for Sandhill Company and Carla Vista Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019 Carla Vista Company Sandhill Company 2020 2019 2020 2019 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense $1,769,000 978,257 242,353 7,076 58,377 $537,000 265,278 74,106 3,759 26,313 Current assets Plant assets (net) Current liabilities Long-term liabilities 321,800 $309,900 84,100 $78,000 524,200 503,000 138,400 127,500 66,900 74,400 35,500 30,200 115,000 88,000 30,100 24,800 Common stock, $10 par 499,000 499,000 118,000 118,000 Retained earnings 165,100 151,500 38,900 32,500 Prepare a vertical analysis of the 2020 income statement data for Sandhill Company and Carla Vista Company. (Round al, ratios to 1 decimal place, e.g. 2.5%.) (b1) Compute the 2020 return on assets and the return on common stockholders equity or both compan es (Rounda ratios tol dec ma place e g 2.5%. Sandhill Company Carla Vista Company Return on assets Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT

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