Question: help pleaseeeee Urgent Here are comparative financial statement data for Oriole Company and Kimberly Company, two competitors. All data are as of December 31, 2022,





help pleaseeeee Urgent
Here are comparative financial statement data for Oriole Company and Kimberly Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant asse (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings Oriole Company 2022 $1,866,000 1,000,176 264,972 9,330 54,114 325,000 520,200 64,800 107,000 503,000 170,400 2021 $314,200 501,800 74,400 90,400 503,000 148,200 Kimberly Company 2022 $561,000 297,330 79,101 3,927 6,732 82,600 140,400 37,000 28,000 116,000 42,000 2021 $79,200 124,200 30,200 25,400 116,000 31,800 Compute the 2022 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, e.g. 12.1%.) Return on assets Return on common stockholders' equity Oriole Company % do % Kimberly Company % % Selected data from Martinez Company are presented below: Total assets Average assets Net income Net sales Average common stockholders' equity $1,630,000 2,110,000 358,700 1,793,500 1,170,000 Calculate the profitability ratios that can be computed from the above information. Compute asset turnover. (Round answer to 0 decimal places, e.g. 25%.) Asset turnover % The following costs and inventory data were taken from the accounts of Sheridan Company for 2022: (Assume all raw materials used were direct materials.) Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labor Factory rent Factory utilities Indirect materials Indirect labor Operating expenses January 1, 2022 $ 9,120 17,100 18,240 December 31, 2022 $ 7,980 14,820 13,680 $ 111,720 47,880 9,120 11,40 6,840 10,260 19,380 Prepare the Cost of Goods Sold section of the Income Statement for Sheridan Company for the year ended December 31, 2022 in good form. SHERIDAN COMPANY (Partial) Income Statement $
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