Return on Assets and SE

the income statement is correct

Duke Company Lord Company 2019 2020 2019 2020 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings $1,878,000 1,100,508 261,042 9,390 54,462 329,000 519,900 65,400 108,800 499,500 175,200 $312,100 501,200 74,800 90,400 499,500 148,600 $559,000 296,829 79,937 4,472 6,149 83,200 139,800 34,200 30,200 120,500 38,100 $78,300 124,200 29,600 26,000 120,500 26,400 Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 Condensed Income Statement For the Year Ended December 31, 2020 Duke Company Dollars Percent Lord Company Dollars Percent Net Sales 878000 T 100.0 559000 T 100.0% Cost of Goods Sold 1100508 296829 T 53.1% Gross Profit 777492 262171 46.9 % TOperating Expenses 261042 79937| 14.3% Income From Operations T 182234 Other Expenses and Losses Interest Expense | Income Before Income Taxes 507060 Income Tax Expense ) Net Income /(Loss) Click if you would like to Show Work for this question: Open Show Work ( 1) Compute the 2020 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to I decimal place, e.g. 12.196.) Duke Company Lord Company Return on assets Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work LINK TO TEXTUNK TO TEXT