SPENCER LTD FORRESTER LTD 2016 2015 2016 2015 Net sales $1 250 000 $410 000 Cost of sales 690 000 257 000 Operating expenses 321 000 62 000 Finance costs 6 000 1 200 Income tax expense 69 900 26 940 Profit 163 100 62 860 Current assets 325 975 $312 410 188 000 $180 000 Non-current assets 521 310 500 000 240 000 216 000 Current liabilities 79 595 75 815 36 000 32 000 Non-current liabilities 108 500 90 000 27 000 24 000 Share capital, $10 each 500 000 500 000 320 000 300 000 Retained earnings 159 190 146 595 45 000 40 000 Required Prepare a vertical analysis of the 2016 statement of profit or loss data for both entities. b. - Comment on the relative profitability of the entities by calculating the return on assets and the return on ordinary shareholders' equity for both entities