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E17-20 (similar to) Question Help Mariner, Inc 's comparative income statement follows. The 2017 data are given as needed EEB (Click the icon to view
E17-20 (similar to) Question Help Mariner, Inc 's comparative income statement follows. The 2017 data are given as needed EEB (Click the icon to view the data.) Data Table Read the requirements Requirement 1. Calculate the profit margin ratio for 2019 and 2018 Begin by selecting the formula to calculate the profit margin ratico Profit margin ratio Mariner, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 2019 2018 2017 Dollars in thousands Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Ye S 185,000 $ 154,000 96,500 85,500 47.000 43,500 9,000 12,500 8,500 S 20,500 $ 4,000 Requirements 12.000 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 turmover 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 S 206,000 $189,000 $ 173,000 92,000 79,500 76,500 0 30,000 10,000 common stock are equal to $0.17 per share 7. Did the company's operating performance improve or deteriorate during 2019? 3,000 3,000 30,000 PrintDone Print Done
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