Requirement 1. For 2016 and 2015, compute return on sales(ROS), asset turnover(AT), return on assets(ROA), leverage(L), return on common stockholders equity(ROE), gross profit percentage (GP), operating income percentage(OI), and earnings per-share(EPS) to measure the ability to earn profits for Grange Decor, Inc. Use Dupont analysis for ROA and ROE, and round each component ratio to 3 decimals; for other ratio computations, round to two decimals.

Did the company's operating performance improve or deteriorate during 2016?

ome statements. return on assets (ROA), leverag Data Table Grange Decor, Inc. Comparative Income Statements Years Ended December 31, 2016 and 2015 2016 2015 Net sales Cost of goods sold Gross profit Selling and general expenses Income from operations Interest expense Income before income tax Income tax expense Net income 190,000 240,000 102,000 134,000 88,000 106,000 44,000 49,000 44,000 57,000 9,000 7,000 35,000 50,000 12,000 16,000 23,000 $ 34,000 Print Done er in the input fields and then continue to the next