question/7 Question 8 of 9 < > Here are comparative financial statement data for Wildhorse Company and Blossom Comp December 31, 2022, and December 31, 2021. Wildhorse Company Blossom Company 2022 2021 2022 2021 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 2022 income statement data for Wildhorse Company and 10 1b BenQ Question 8 of 9 < -/9 Prepare a vertical analysis of the 2022 income statement data for Wildhorse Company and Blossom Company. (Round perca to 1 decimal place, eg. 12.1%) eTextbook and Media Dollars Condensed Income Statement Wildhorse Company Percent Dollars % $ % % % % % % % % $ Compute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round answers to 1 decimal place, eg. 12.1%) Wildhorse Company Blossom Company Return on assets of 9 -19 E vertical analysis of the 2022 income statement data for Wildhorse Company and Blossom Company. (Round percentages mal place, eg. 12.1%) Condensed Income Statement Dollars Wildhorse Company extbook and Media Blossom Company Percent Dollars Percent % % % % % % % % % % % % % % %% % $ pute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round answers to 1 mal place, eg. 12.1%) turn on assets eturn on common stockholders' equity Wildhorse Company Blossom Company % % % eTextbook and Media % % % % % $ Compute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round answers to 1 decimal place, eg. 12.1%) Return on assets Return on common stockholders' equity eTextbook and Media) Save for Later 400 lbs Wildhorse Company BenQ F Blossom Company % Attempts: 0 of 3 used Submit Answer