Graded Points: 0 of 6 S Part 1 of 13 White, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the requirements. 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 Data table ve inco iew the White, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 2023 Net Sales Revenue ulate the formula Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense $ 187,000 $ 159,000 94,000 84,500 47,500 41,500 7,500 9,500 10,000 11,500 $ 26,500 $ 13,500 Net Income Additional data: Total Assets Common Stockholders' Equity $ 203,000 $186,000 $172,000 96,500 93,000 80,000 Preferred Dividends 3,000 3,000 0 Common Shares Outstanding During the Year 25,000 25,000 20,000 8 points 1. Calculate cting the for 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. ratio = 4. Calculate the rate of return on common stockholders' equity for 2025 and 2024. Calculate the earnings per share for 2025 and 2024. 5. 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.80 per share. 7. Did the company's operating performance improve or deteriorate during 2025