Question: Problem 18-01A a, b1 Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December

 Problem 18-01A a, b1 Here are comparative statement data for Duke
Company and Lord Company, two competitors. All balance sheet data are as

Problem 18-01A a, b1 Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019 Duke Company Lord Company 2020 2019 2020 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current abilities Long-term liabilities Common stock, $10 par Retained earnings $1,842,000 1,040,730 297,330 77,979 3,927 6,732 268,932 9,210 53,418 323,500 $314,800 83,200 78,600 S20,500 501,500 138,300 125,400 64,000 74,800 34,00028,600 109,000 91,000 30,600 24,200 97,500497,500 117,000 117,000 173,500 153,000 39,900 34,200 Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Duke Company Lord Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 520,500 501,500 138,300 125,400 64,000 74,800 34,000 28,600 109,000 91,000 30,600 24,200 497,500 497,500 117,000 117,000 73,500 153,000 39,900 34,200 par Retained earnings Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Duke Company Lord Company Percent Percent INK TO TEXT LINK TO TEXT Compute the 2020 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, eg. 12.1%.) Duke Company Lord Company Return on assets Return on common stockholders" equity

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