Question: Here are comparative statement data for Blossom Company and Sunland Company, two competitors. All balance sheet data are as of December 31, 2022, and December

Here are comparative statement data for Blossom Company and Sunland Company, two competitors. All balance sheet 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 assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings (a) Blossom Company 2022 $1,949,000 1,077,000 261,000 8,000 74,300 2021 1,235,000 1,235,000 425,976 362,090 + 805,158 $771,653 205,840 1,301,196 1,235,000 345,128 163,823 187,263 87,310 281,555 222,300 73,161 Dollars $1,949,000 Prepare a vertical analysis of the 2022 income statement data for Blossom Company and Sunland Company. (Round all ratios to 1 decimal place, e.g. 2.5%.) 1,077,000 872,000 261,000 611,000 Condensed Income Statement For the Year Ended December 31, 2022 Blossom Company 8,000 Sunland Company 2021 603,000 2022 74,300 $587,000 297,000 88,000 2,600 33,000 $528,700 296,400 94,097 $196,283 310,756 74,794 61,750 296,400 74,095 Percent % % % % % % % % Dollars $587,000 297,000 290,000 88,000 202,000 2,600 199,400 33,000 % $166,400 Sunland Company Percent % % % % de % de % % % %
 Here are comparative statement data for Blossom Company and Sunland Company,
two competitors. All balance sheet data are as of December 31, 2022,

Prepare a vertical analysis of the 2022 income statement data for Blossom Company and Sunland Company. (Round all ratios to 1 decimal place, e,g. 2,5%.) 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%.)

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