Question: Here are comparative financial statement data for Crane Company and Novak Company, two competitors. All data are as of December 31, 2025, and December 31,




Here are comparative financial statement data for Crane Company and Novak Company, two competitors. All data are as of December 31, 2025, and December 31, 2024. Prepare 2025 income statements and a vertical analysis for Crane Company and Novak Company. (Round percentage answers to 1 decimal place, e.g. 2.5\%.) Prepare 2025 income statements and a vertical analysis for Crane Company and Novak Company. (Round percentage answers to 1 decimal place, e.g. 2.5\%.) Compute the 2025 return on assets and the return on common stockholders' equity for both companies. (Round answers to 1 decimal place, e.g. 2.5\%.)
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