Problem 18-01A a, b1 Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019. Duke Company Lord Company 2020 2019 2020 2019 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 $1,878,000 1,100,508 261,042 9,390 54,462 329,000 519,900 65,400 108,800 $559,000 296,829 79,937 4,472 6,149 83,200 139,800 34,200 30,200 $312,100 501,200 74,800 90,400 $78,300 124,200 29,600 26,000 499,500 499,500 120,500 120,500 175,200 148,600 38,100 26,400 Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement Duke Company Lord Company Dollars Percent Dollars Percent % % % % % % % % % % % % % % % % % % Compute the 2020 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1%.) Duke Company Lord Company Return on assets % % Return on common stockholders' equity % % Click if you would like to Show Work for this question: Open Show Work