[The following information applies to the questions displayed below) Summary information from the financial statements of two companies competing in the same industry follows Kyan Barco Kyan Barco Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales $770,000 $830,200 Cash $ 19,500 $ 34,000 Cost of goods sold 585,100 632 500 Accounts receivable, net 46,500 64,600 Interest expense 7,900 13,000 Merchandise inventory 84,440 132,500 Income tax expense 14,800 24,300 Prepaid expenses 6,950 Net income 162,200 210,400 Plant assets, net 290,000 304,400 Basic earnings per share 4.51 9.11 Total assets $445,440 $542,450 Cash dividends per share 3.81 3.93 5,600 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity Beginning-of-year balance sheet data $ 61,340 $ 93,300 Accounts receivable, net 80,800 101,000 Merchandise inventory 180,000 206,000 Total assets 123,300 142,150 Common stock, $5 par value $445, 440 $542,450 Retained earnings $ 29,800 $ 54,200 55,600 107,400 398,000 382 180,000 206,000 98,300 93,600 2A Prof Mar Ratio 2A Tot Asset 2A Ret on Tot Turn Assets 2A Ret On Com Stock 2A Price Earn Ratio 2A Div Yield Reg 28 For both companies compute the return on common stockholders' equity. (d) Company Choose Numerator: Preferred Net income dividends 162 200 210,400 Return On Common Stockholders' Equity Choose Denominator Average common stockholders' equity = 07 151,650 3 = 0 174,075 = Return On Common Stockholders' Equity Return on common stockholders' equity 1070 9 120.9 96 Barco Kyan