Question: I need help with this question i Requirement 1. For 2018 and 2017, calculate return on sales, asset turnover, return on assets (ROA), leverage, return

I need help with this question

I need help with this question i Requirement 1. For 2018 and2017, calculate return on sales, asset turnover, return on assets (ROA), leverage,return on common stockholders' equity (ROE), gross profit percentage, operating income percentage,and earnings per share to measure the ability to earn profits for

i Requirement 1. For 2018 and 2017, calculate return on sales, asset turnover, return on assets (ROA), leverage, return on common stockholders' equity (ROE), gross profit percentage, operating income percentage, and earnings per share to measure the ability to earn profits for Jarvis Decor, Inc. Perform a DuPont Analysis for ROA and ROE, and round each component ratio to three decimals places; for other ratio computations, round to two decimals. Did the company's operating performance improve or deteriorate during 2018? Data Table 2017 199,000 102,000 Jarvis Decor, Inc. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 Net sales $ 250,000 $ Cost of goods sold 123,000 Gross profit 127,000 55,000 Selling and general expenses Income from operations 72,000 14,000 Interest expense Income before income tax 58,000 Income tax expense 20,000 $ 38,000 $ Net income 97,000 51,000 46,000 18,000 28,000 10,000 18,000 Data Table Total assets ...... $ Common stockholders' equity ........ $ Preferred dividends ................$ Average common shares outstanding during the year 2018 2017 310,000 $ 305,000 $ 196,000 $ 194,000 $ 2,000 $ 1,000 $ 2016 300,000 192,000 0 A 15,000 14,000 13,000 Print Done Ratio Formula ROS (Net income - Preferred dividends) / Net sales Net sales / Average total assets AT ROA Rate of return on net sales x Asset turnover Average total assets / Average common stockholders' equity Rate of return on total assets (ROA) x Leverage ROE Now select the formula for the remaining ratios, then calculate the ratios for 2018 and 2017. (Round ALL of y format.) Ratio Formula GP Gross profit/ Net sales Income from operations / Net sales (Net income - Preferred dividends) / Average number of common shares outstanding EPS $ Did the company's operating performance improve or deteriorate during 2018

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