Question: Problem 1 Here are comparative statement data for Martin Company and Lewis Company, two competitors. All balance sheet data are as of December 31, 2014,

Problem 1 Here are comparative statement data for Martin Company and Lewis Company, two competitors. All balance sheet data are as of December 31, 2014, and December 31, 2013. Instructions (a) Prepare a vertical analysis of the 2014 income statement data for Martin Company and Lewis Company. (b) Comment on the relative profitability of the companies by computing the return on assets and the return on common stockholders' equity ratios for both companies

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