The following information is available for the Memphis and Billings companies.

$\backslash$table$[[$Sales$,$Memphis,Billings$],[$Cost of goods sold,$1,500,000,$$$1,500,00$

A$.$ Prepare a common size income statement for each company

B$.$ Compute the return on assets and return on equity for each company

C$.$ Which company is more profitable from the stockholders perspective?

D$.$ One company is a high end retailer and the other operates a discount store. Which is the discounter?