Question 5 --/1 View Policies Current Attempt in Progress Here are comparative statement data for Oriole Company and Ivanhoe Company, two competitors. All balance sheet data are as of December 31, 2017, and December 31, 2016. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Oriole Company 2017 2016 $1,915.000 1,067,000 254.000 8,100 67,200 Ivanhoe Company 2017 2016 $585,000 279.000 90,000 3.000 35,000 Current assets Plant assets (net) Current liabilities Long-term liabilities 384,651 $368,644 621.624 590.000 78,264 89,462 134,508 106,200 98,336 $ 93,771 164.879 148,458 41,711 35,732 34.952 29,500 Common stock. $10 par Retained earnings 590,000 203,503 590,000 172,982 141,600 44,953 141,600 35,398 Prepare a vertical analysis of the 2017 income statement data for Oriole Company and Ivanhoe Company. (Round all ratios to 1 decimal place, e.g. 2.5%.) Condensed Income Statement For the Year Ended December 31, 2017 Oriole Company Ivanhoe Company Dollars Percent Dollars Percent $1,915,000 % $585,000 1,067,000 % 279,000 848,000 % % 306,000 90,000 254.000 594,000 % 216,000 8,100 % 3,000 585,900 % 213,000 67,200 % 35,000 $518,700 % $178,000 e Textbook and Media Compute the 2017 return on assets and the return on common stockholders' equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.) Oriole Company Ivanhoe Company Return on assets Return on common stockholders' equity