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Return on common stockholders equity enter your answer in percentages rounded to 1 decimal place Here are comparative statement data for Duke Company and Lord

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Return on common stockholders equity

enter your answer in percentages rounded to 1 decimal place
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 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 $1,860,000 1,030,440 265,980 7,440 53,940 327,000 522,000 64,200 108,800 Lord Company 2020 2019 $561,000 297,330 78,540 3,927 6,171 83,800 $78,000 138,300 123,900 36,800 29,600 30,200 25,200 $314,500 500,300 75,000 91,400 503,000 503,000 120,500 120,500 173,000 145,400 34,600 26,600 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 60.4 % 82.6 % Return on common stockholders' equity 99.84 % 145.25 %

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