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Data table Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Micatin, Inc. Comparative Income Statement
Data table Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Micatin, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 Additional data: Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year Print MELAYANAN S THE 300- 1225 SE VCR2025 C 2012 $ 181,000 $160,000 93,500 86,500 45,000 40,500 2024 8,000 12,000 7,000 4,400 $ 27,500 $ 16,600 Done $ 209,000 $ 187,000 S 167,000 96,000 91,500 80,500 2,000 2,000 15,000 15,000 10 2023 0 10,000 X
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Data table Micatin, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the Requirement 1. Calculate the profit margin ratio for 2025 and 2024 Begin by selecting the formula to calculate the profit margin ratio Profit margin ratio = Net income - Net sales revenue Now, calculate the profit margin ratio for 2025 and 2024 . (Round your answers to one tenth of a percent, XX, and do not enter the %. For example, enter 10.1% as 10.1 ) Requirement 2. Calculate the rate of return on total assets for 2025 and 2024 Begin by selecting the formula to calculate the rate of return on total assets Rate of return on total assets =( Net income + Interest expense ) Average total assets Now, calculate the rate of return on total assets for 2025 and 2024 (Round your answers to one tenth of a percent, XX and din not enter the % For examnle anter 101% as 101 ) Requirements 1. Calculate the profit margin ratio for 2025 and 2024. 2. Calculate the rate of return on total assets for 2025 and 2024 3. Calculate the asset turnover ratio for 2025 and 2024 4. Calculate the rate of retum on common stockholders' equity for 2025 and 2024 5. Calculate the earnings per share for 2025 and 2024 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock are equal to $1.13 per share. 7. Did the company's operating performance improve or deteriorate during 2025 ? Micatin, Inc.'s comparative income statement follows. The 2023 data are given as needed (Click the icon to view the data.) Read the Now, calculate the profit margin ratio for 2025 and 2024. (Round your answers to one tenth of a percent, XX, and do not enter the \% For example, enter 10.1% as 10.1 .) Requirement 2. Calculate the rate of return on total assets for 2025 and 2024 Begin by selecting the formula to calculate the rate of return on total assets Now, calculate the rate of return on total assets for 2025 and 2024 . (Round your answers to one tenth of a percent, XX, and do not enter the \%. For example, enter 10.1% as 10.1 ) Step by Step Solution
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