Question: 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






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. \begin{tabular}{lrrrr} Property, plant, and equipment (net) & 432,000 & 397,000 & 884,000 & 934,000 \\ \hline Current liabilities & 160,000 & 93,000 & 427,000 & 478,000 \\ \hline Long-term liabilities & 89,000 & 179,000 & 230,000 & 254,000 \\ \hline Common shares & 259,000 & 206,000 & 612,000 & 562,000 \\ \hline Retained earnings & 141,000 & 126,000 & 409,000 & 384,000 \end{tabular} 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, e.g. 15.3.) 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.)
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