The comparative income statements and additional data for Harmon Decor, Inc., follow: (Click the icon to view the comparative income statements.) B (Click the icon to view the additional data.) Read the requirement Select the formula for each of the following component ratios, then calculate the ratios for 2018 and 2017. (Round ALL of your answ n your analysis.) Ratio Formula 2018 2017 ROS AT ROA L ROE Harmon Decor, Inc. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Net sales $ 190,000 $ 240,000 Cost of goods sold 102.000 134,000 Gross profit 88,000 106,000 Selling and general expenses 44,000 49,000 Income from operations 44,000 57,000 9.000 Interest expense 7,000 Income before income tax 35,000 50,000 Income tax expense 12,000 16,000 $ 23,000 $ 34,000 Net income X i Data Table Total assets....... ......... $ Common stockholders' equity ..........$ Preferred dividends .................$ Average common shares outstanding during the year ............... 2018 300,000 $ 104,000 $ 15,000 $ 2017 270,000 $ 103,000 $ 14,000 $ 2016 250,000 102,000 3,000 Print Done 24,000 23,000 22,000 Choose from any list or enter any ny Print Done E 12-34B (similar to) Data Table - X The comparative income statements and additional data for Harmon Decor, Inc., follow: (Click the icon to view the comparative income statements.) (Click the icon to view the additional data.) Read the requirement bense Select the formula for each of the following component ratios, then calculate the ratios for 2018 and 2017. (Round ALL of your ansv in your analysis.) Ratio Formula 2018 2017 ROS AT Harmon Decor, Inc. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Net sales $ 190,000 S 240,000 Cost of goods sold 102.000 134,000 Gross profit 88,000 106,000 Selling and general expenses 44,000 49,000 Income from operations 44.000 57,000 9,000 Interest expense 7,000 Income before income tax 35,000 50,000 Income tax expense 12,000 16,000 Net income $ 23.000 S 34,000 ROA Print Done