E17-20

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%E17-20 (similar to) Villa, Inc.'s comparative income statement follows. The 2017 data are given as needed. (Click the icon to view the data.) Read the requirements Requirement 1. Calculate the profit margin ratio for 2019 and 2018. Begin by selecting the formula to calculate the profit margin ratio. Profit margin ratio * Requirements - 1. Calculate the profit margin ratio for 2019 and 2018 2. Calculate the rate of return on total assets for 2019 and 2018 3. Calculate the asset turnover ratio for 2019 and 2018. 4. Calculate the rate of return on common stockholders' equity for 2019 and 2018 5. Calculate the earnings per share for 2019 and 2018. 6. Calculate the 2019 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.45 per share. 7. Did the company's operating performance improve or deteriorate during 2019? Print Done Choose from any drop-down list and then click Check Answer. 12 parts Clear All remaining g * Data Table . Villa, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 Dollars in thousands 2019 2018 2017 Net Sales Revenue $ 186,000 $ 159,000 Cost of Goods Sold 93,000 85,000 Selling and Administrative Expenses 49,000 42,000 Interest Expense 8,500 12,500 13,000 11,500 Income Tax Expense $ 22,500 $ 8,000 Net Income Additional data: Total Assets $ 201,000 $ 192,000 $ 170,000 Common Stockholders' Equity 91,000 86,000 79,000 Preferred Dividends 4,000 4,000 0 Common Shares Outstanding During the Year 30,000 30,000 10,000 Print Done