Question: Current Attempt in Progress (Common-size analysis and differences in profitability) Comparative financial statement data for First Ltd. and Supreme Ltd., two competitor Question 1 of


Current Attempt in Progress (Common-size analysis and differences in profitability) Comparative financial statement data for First Ltd. and Supreme Ltd., two competitor Question 1 of 5 \begin{tabular}{lrrrr} \hline Income tax expense & 18,180 & & \multicolumn{2}{r}{} \\ & & & & \\ \hline Current assets & 163,430 & $152,120 & 939,600 & $737,000 \\ \hline Capital assets (net) & 422,600 & 359,640 & 1,535,800 & 1,298,480 \\ \hline Current liabilities & 47,550 & 41,340 & 227,110 & 220,420 \\ \hline Long-term liabilities & 71,570 & 100,470 & 658,780 & 563,580 \\ \hline Share capital & 311,000 & 253,000 & 1,124,000 & 1,036,000 \\ \hline Retained earnings & 155,910 & 116,950 & 465,510 & 215,480 \\ \hline \end{tabular} Your answer is incorrect. Calculate the return on assets and the return on shareholders' equity for both companies. (Round answers to 15.1%
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