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 $1,812,000 $561,000 Cost of goods sold 1,040,088 297,330 Operating expenses 273,612 79,101 Interest expense 9,060 3,927 Income tax expense 54,360 6,171 Current assets 320,500 $311,800 82,300 $79,200 Plant assets (net) 519,300 498,800 140,400 123,900 Current liabilities 65,000 75,000 34,200 29,000 Long-term liabilities 107,000 91,800 29,800 24,000 Common stock, $10 par 495,000 495,000 123,500 123,500 Retained earnings 172,800 148,800 35,200 26,600 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