(Common-size analysis and differences in profitability and leverage) Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands): Cool Brewery Ltd Northern Beer Ltd. 2020 2019 2020 2019 Net sales $227,290 $43,880 Cost of goods sold 100,950 15,670 81.590 15,610 Operating expenses Interest expense Income tax expense 7,040 370 4.990 1.160 Cash 11,360 $10,360 4,550 $2,290 80,990 75,260 8,660 7,860 220,480 228,320 28,340 31.990 74,180 56,690 4,020 4,030 Other current assets Long-term assets (net) Current liabilities Long-term liabilities Share capital Retained earnings 98,890 106,810 7.300 7.520 46.100 47.500 19.000 15,700 93,660 102,940 11.230 14,890 Prepare a common-size analysis for 2020 for Cool Brewery Ltd. and Northern Beer Ltd. (Round percentage answers to 1 decimal place, eg. 15.1%) Cool Brewery Northern Beer % % 96 % > %6 % $ Teythonk and Media Calculate the return on assets and the return on shareholders' equity for both companies. (Round answers to 1 decimal place, eg. 15.1%) Cool Brewery Northern Beer % % Return on assets % % Return on shareholders' equity e Textbook and Media Calculate the debt to equity ratio for both companies at the end of 2020. (Round answers to 2 decimal places, eg. 0.84.) Cool Brewery Northern Beer Debt to equity ratio e Textbook and Media Calculate the net debt as a percentage of total capitalization for both companies. (Round answers to 1 decimal place, eg. 15.1%.) Cool Brewery Northern Beer % Net debt as a percentage of total capitalization e Textbook and Media