Question: 0 8 : 4 0 Thu 3 0 Nov - : 1 0 0 % 0 0 A QNet salesCost of goods soldOperating expensesInterest expenseIncome

08:40 Thu 30 Nov-: 100%00 A QNet salesCost of goods soldOperating expensesInterest expenseIncome tax expenseCurrent assetsPlant assets (net)Current liabilitiesLong-term liabilitiesCommon stock, $10 parRetained earningsDuke Company2022$1,849,0001,063,200240,0006,80062,000325,975526,80066,325113,990500,000172,4602021$312,410500,00075,81590,000500,000146,595Lord Company2022$546,000289,00082,0003,60028,00083,336139,72835,34829,620120,00038,0962021$ 79,467125,81230,28125,000120,00029,998Instructionsa. Prepare a vertical analysis of the 2022 income statement data for Duke Company and Lord Company.b. Comment on the relative profitability of the companies by computing the 2022 return on assets and

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