Question: P13.1A (LO 2, 3), AN Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of

P13.1A (LO 2, 3), AN Here are comparative statement data for

P13.1A (LO 2, 3), AN Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31 , 2022 , and December 31,2021. Prepare vertical analysis and comment on profitability. Instructions a. Prepare a vertical analysis of the 2022 income statement data for Duke Company and Lord Company. b. Comment on the relative profitability of the companies by computing the 2022 return on assets and the return on common stockholders' equity for both companies

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