The following are the condensed financial statements for Best Inc. and Good Inc. for 2019.

Income Statements Year Ended December 31, 2019
	Best Inc.			Good Inc.
Sales (Net)		785,000			640,000
Cost of Goods Sold		500,000			345,000
Gross Profit		285,000			295,000
Operating Expenses		167,000			122,500
Net Income from Operations		118,000			172,500
Interest Expense		10,000			0
Net Income Before Income Tax		108,000			172,500
Income Tax Expense		27,000			43,125
Net Income After Income Tax		81,000			129,375

Balance Sheets December 31, 2019
	Best Inc.			Good Inc.
Assets
Current Assets		120,000			99,900
Property, Plant, and Equipment (Net)		220,000			191,000
Total Assets		340,000			290,900
Liabilities and Stockholders Equity
Liabilities
Current Liabilities		98,500			74,800
Long-Term Liabilities (Bonds Payable)		95,000			0
Total Liabilities		193,500			74,800
Stockholders Equity
Common Stock ($10 Par Value)		15,000			15,000
Retained Earnings		131,500			201,100
Total Stockholders Equity		146,500			216,100
Total Liabilities and Stockholders Equity		340,000			290,900

Requires: Compute the following ratios for each company: a. Rate of return on net sales, b. Rate of return on total assets at year-end, c. Rate of return on stockholders equity at year-end, d. Earnings per share of common stock, e. Ratio of stockholders equity to total equities, f. Current ratio, g. Asset turnover, h. Book value per share of common stock. 1a-h follow the same format.

Req 1a Compute the rate of return on net sales for 2019
Rate of return on net sales
	Choose Numerator	/	Choose Denominator
					Rate of return on net sales
Best Inc.		/		=		%
Good Inc.		/		=		%

Req 1b Compute the rate of return on total assets at year-end for 2019
Rate of return on total assets
	Choose Numerator	/	Choose Denominator
					Rate of return on total assets
Best Inc.		/		=		%
Good Inc.		/		=

Req 1c Compute the rate of return on stockholders' equity at year-end for 2019
Rate of return on stockholders' equity
	Choose Numerator	/	Choose Denominator
					Rate of return on stockholders'
Best Inc.		/		=		%
Good Inc.		/		=		%