Here are comparative financial statement data for Coronado Company and Donna Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Coronado Company Donna Company 2022 2021 2022 2021 Net sales $1,884,000 $561,000 Cost of goods sold 1,070,112 297,330 Operating expenses 261,876 79,662 Interest expense 7,536 3,927 Income tax expense 52,752 6,171 Current assets 320,500 $311,800 83,200 $78,300 Plant assets (net) 519,000 497,300 139,800 124,500 Current liabilities 65,000 75,000 34,200 30,000 Long-term liabilities 108,800 90,200 29,000 25,600 Common stock, $10 par 501,500 501,500 120,000 120,000 Retained earnings 164,200 142,400 39,800 27,200 Prepare a vertical analysis of the 2022 income statement data for Coronado Company and Donna Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement For the Year Ended December 31, 2022 Coronado Company Dollars Percent Dollars Net Sales 1884000 100 % Cost of Goods Sold 1070112 i 56.8 i % 29 Gross Profit Operating Expenses Income From Operations Other Expenses and Losses Interest Expense Income Before Income Taxes Income Tax Expense Net Income / (Loss) 813888 261876 552012 7536 544476 43.2 % 13.9 i % 29.3 % 0.4 i % 28.9 % 52752 i 2.8 i % 491724 26.1 % (b1) Your answer is incorrect. 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 eTextbook and Media Coronado Company Donna Company % % % % Save for Later Last saved 18 minutes ago. Attempts: 1 of 3 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes