For 2014 and 2013, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage (L), return on common stockholders equity (ROE), gross

For 2014 and 2013, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage (L), return on common stockholders’ equity (ROE), gross profit percentage (GP), operating income percentage (OI), and earnings per share (EPS) to measure the ability to earn profits of Yard & Garden Decor, Inc., whose comparative income statements follow (use DuPont Analysis for ROA and ROE, and round each component ratio to three decimals; for other ratio computations, round to two decimals):

Additional data:

Did the company’s operating performance improve or deteriorate during2014?

A1 Yard and Garden Decor, Inc. Comparative Income Statements Years Ended December 31, 2014 and 2013 2014 2013 Net sales Cost of goods sold Gross profit Selling and general expenses Income from operations Interest expense Income before income tax 363,000 290,000 139,000 151,000 94,000 57,000 10,000 47,000 11,000 175,000 188,000 100,00094 88,000 13,000 75,000 26,000 10 Income tax expense 1 Net income 5 49,000 36,000 2 2014 2013 2012 Total asset..$408,000 $402,000 S398,000 Common stockholders' equit149,000 $140,000 $131,000 Preferred dividends11,000 9,000 7,000 Average common shares outstanding during the year 20,000 15,000 5,000