Common Stock Shares Outstanding During Year 30,000 30,000 10,000 Requirements: (round calculations) 1. Calculate the prot margin for 2016 and. 2015. What is the formula? 2016 _12.3% work area: 23,000 I 187,000 2015 work area: 2. Calculate the rate of return on total assets for 2016 and 2015. What is the formula? 2016 work area: {need 2014 info} 2015 _1 1 .301. work area: (9,000 + 12,500)I(1s0,000 +1s4,000)!2 3. THIS QUESTION ASKS ABOUT A FORJMI'ULA THAT IS NOT WIDELY USED l[BUT IT IS IN THE MYLAB HOMEWORK) AND IS NOT IN THE OUTLINE. So, the formula is provided here: Calculate the asset turnover ratio for 2016 and 2015. The formula is: Net Salesr'Average Total Assets 2016 _.95 work area: 132,000 f(209,000 + 184,000}? 2015 work area: {need 2014 info} 4. Calculate the rate of return on common stockholders\" equity for 2016 and 2015. What is the formula? 2016 _21.8% work area: 2015 work area: (need 2014 info}