W E12-23A (similar to) Question Help The comparative income statements and additional data for Plain Decor, Inc., follow: BB9 (Click the icon to view the comparative income statements.) (Click the icon to view the additional data.) Read the requirement. Select the formula for each of the following component ratios. then calculate the ratios for 2018 and 2017. (Round ALL of your answers to three decimal places, X.XXX, and do not enter in percentage format Ignore interest expense in your analysis.). Ratio Formula 2018 2017 ROS AT ROA ROE Choose from any list or enter any number in the input fields and then click Check Answer. ? parts remaining Clear All Check Answer Plain Decor, Inc. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Net sales $ 190,000 $ 240,000 102.000 134 000 Cost of goods sold Gross profit 88,000 106,000 44.000 49.000 Selling and general expenses Income from operations 44,000 57.000 9.000 7.000 Interest expense Income before income tax 35,000 50.000 12.000 16.000 Income tax expense $ 23,000 $ 34,000 Net income Print Done the requirement Data Table Total assets Common stockholders' equity Preferred dividends .. . Average common shares outstanding during the year $ $ $ 2018 300,000 $ 104,000 $ 15,000 $ 2017 270,000 $ 103,000 $ 14,000 $ 2016 250,000 102,000 3,000 24,000 23,000 22.000 Print Done ose from any list or enter any number in the input fields and then click Check Answer Requirement 1. For 2018 and 2017. calculate return on sales, asset turnover return on assets (ROA), leverage, return on common stockholders' equity (ROE) gross profit percentage, operating income percentage, and earnings per share to measu ability to earn profits for Plain Decor, Inc. Perform a DuPont Analysis for ROA and ROE, and round each component ratio to three decimals places for other ratio computations, round to two decimals. Did the company's operating performance improve or deteriorate during 2018? Print Done