Problem 13-1A (Part Level Submission) Here are comparative statement data for Wildhorse Company and Sandhill Company, two competitors. All balance sheet data are as of December 31, 2017, and December 31, 2016. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Wildhorse Company 2017 2016 $1,892,000 1,075,000 260,000 8,200 65,300 Sandhill Company 2017 2016 $580,000 298,000 87,000 2,200 29,000 Current assets Plant assets (net) Current liabilities Long-term liabilities 498,742 806,004 101,477 174,405 $477,987 765,000 115,997 137,700 127,504 213,784 54,082 45,319 $ 121,585 192,492 46,330 38,250 Common stock, $10 par Retained earnings 765,000 263,864 765,000 224,290 183,600 58,287 183,600 45,897 (61) x Your answer is incorrect. Try again. Compute the 2017 return on assets and the return on common stockholders' equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.) Wildhorse Company Sandhill Company Return on assets 74.1 96.0 28 Return on common stockholders' equity 94.0 135.4 Click if you would like to Show Work for this question: Open Show Work