Compute the 2022 return on assets and the return on common stockholders equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.)

		Crane Company			Sheridan Company
Return on assets			%			%
Return on common stockholders equity			%			%

Here are comparative statement data for Crane Company and Sheridan Company, two competitors. All balance sheet data are as of December 31, 2022, and December 31, 2021.

		Crane Company				Sheridan Company
		2022		2021		2022		2021
Net sales		$1,882,000				$610,000
Cost of goods sold		1,062,000				297,000
Operating expenses		255,000				83,000
Interest expense		7,100				3,400
Income tax expense		69,000				34,000
Current assets		537,859		$515,477		137,504		$ 131,121
Plant assets (net)		869,220		825,000		230,551		207,590
Current liabilities		109,436		125,095		58,324		49,964
Long-term liabilities		188,084		148,500		48,873		41,250
Common stock, $10 par		825,000		825,000		198,000		198,000
Retained earnings		284,559		241,882		62,858		49,497

(a) Prepare a vertical analysis of the 2022 income statement data for Crane Company and Sheridan Company. (Round all ratios to 1 decimal place, e.g. 2.5%.)

	Dollars	Percent	Dollars	Percent
Net Sales	$1,882,000	%	$610,000	%
Cost of Goods Sold	$1,062,00	%	297,000	%
Gross Profit	820,000	%	313,000	%
Operating Expenses	255,000	%	83,000	%
Income from operations	565,000	%	230,000	%
Other Expenses and Losses
Interest Expense	7,100	%	3,400	%
Income Before Income Taxes	557,900	%	226,600	%
Income Tax Expense	69,000	%	34,000	%
Net Income/ (Loss)	488,900	%	$192,600	%