estion list

Varsity, Inc.$\text{'}$s comparative income statement follows. The $2023$ data are given as needed.

$($Click the icon to view the data.$)$

Read the requirements.

Data table

$\backslash$table$[[\backslash$table$[[$Vars$],[$Comparative I$],[$Years Ended Decer$]],\backslash$table$[[$tate$],[202]],5$ and $2024,,],[,,2025,2024,2023],[$Net Sales Revenue,$$,178,000$$$,156,000,],[$Cost of Goods Sold,,$95,500,88,000,],[$Selling and Administrative Expenses,,$46,000,43,000,],[$Interest Expense,,$10,000,11,000,],[$Income Tax Expense,,$10,500,8,000,],[$Net Income,$={?}^{\text{\$}},16,{000}_{{?}_{?}}={?}^{\text{\$}},6,{000}_{?},],[$Additional data,,,,$],[$Total Assets,$$,204,000$$$,185,000$$$,166,000],[$Common Stockholders' Equity,,$92,000,81,500,76,500],[$Preferred Dividends,,$3,500,3,500,0]]$

Requirements

Calculate the profit margin ratio for $2025$ and $2024.$

Calculate the rate of return on total assets for $2025$ and $2024.$

Calculate the asset turnover ratio for $2025$ and $2024.$

Calculate the rate of return on common stockholders' equity for $2025$ and $2024.$

Calculate the earnings per share for $2025$ and $2024.$

Calculate the $2025$ dividend payout on common stock. Assume dividends per share for common stock are equal to $$0\mathrm{.}10$ per share.

Did the company's operating performance improve or deteriorate during $2025?$

$($Round your answers to one tenth of a percent, X$.$X$,$ and do not enter the $\%.$ For example, enter $10\mathrm{.}1\%$ as $10\mathrm{.}1.)$

$($Round your answers to one tenth of a percent, X$.$X$,$ and do not enter the $\%.$ For example, enter $10\mathrm{.}1\%$ as $10\mathrm{.}1.)$

$$