Selected comparative statement data for Binimi Corporation and Prowel Inc., two competitors, appears below. All balance sheet data is as of December 31, 2020, and December 31, 2019. Bimini Corporation Prowel Inc. 2020 2019. 2020 2019 Sales $650,000 $1,860,000 Gross profit 292,000 918,000 Operating expenses 146,000 326,000 Deprecation expense 10,900 16,000 Interest expense 5,400 17,600 Income tax expense 65,000 125,000 Deprecation expense 10,900 10,000 Interest expense 5,400 Income tax expense 65,000 17,600 125,000 Current assets 255,000 $221,000 811,000 $751,000 Property, plant, and equipment (net) 416,000 381.000 914,000 964,000 Current liabilities 179,000 80,000 427,000 470,000 Long-term liabilities 95,000 166,000 226,000 274,000 Common shares 275,000 249,000 640,000 590,000 Retained earnings 122,000 107,000 403,000 378,000 Prepare common-size analysis of the 2020 income statement data for Bimini Corporation and Prowel Inc. (If an amount reduces the account balance then enter with negative sign. Round percentage values to 1 decimal place, eg. 15.3.) Income Statement Year Ended December 31, 2020 Sales Cost of Goods Sold Bimini Corporation Dollars Percent Dollars 650000 100.0 % $ 358000 i 55.0 % 94 Gross Profit 292000 44.9 % Operating Expenses 146000 i 22.4 % 32 414 PM Prepare common-size analysis of the 2020 income statement data for Bimini Corporation and Prowel Inc. (If an amount reduces the account balance then enter with negative sign. Round percentage values to 1 decimal place, eg. 15.3.) Income Statement Year Ended December 31, 2020 Bimini Corporation Prowel Inc. Percent Dollars Percent 650000 100.0 % $ 1860000 100.0 % 358000 i 292000 146000. 55.0 % 942000 i 44.9 % 918000 224000 50.6 % 49.3 % Operating Expenses Depreciation Expense Interest Expense Profit from Operations Profit Before Income Tax Income Tax Expense Net Income 146000 10900 i 5400 129700 22.4 % 16 % 0.8 % 19.9 % 2 32 129700 19.9 % 65000 i 10.0 % 12 64700 9.9 % 00 22.4 i % 326000 i 17.5 i% 00 i 1.6 i % 16000 i 0.8 i% 5400 0.8 % 17600 0.9 % 38 29700 19.9 % 558400 30.0 96 29700 00 i 10.0 64700 19.9 % 558400 30.0 % % 125000 i 6.72 % 9.9 % 433400 23.3 % Calculate the return on assets, the asset turnover, and the return on equity ratios for both companies. (Round return on assets and return on equity to 1 decimal place, eg. 15.3%. Round asset turnover to 2 decimal places, eg. 1.53) Return on assets Asset Turnover Return on equity Bimini Corporation % times Prowel Inc. 25.27 % times