i Data Table Years Ended December 31, 2019 and 2018 Dollars in thousands 2019 2018 2017 Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense $ 184,000 $ 152,000 98,500 83,000 47,000 43,000 8,500 10,000 13,000 9,500 $ 17,000 $ 6,500 Income Tax Expense Net Income Additional data: Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year $ 210,000 $ 190,000 $ 174,000 92,500 82,500 77,000 3,000 3,0000 20,000 20,000 10,000 Print Done 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 = Net income / Net sales revenue Now, calculate the profit margin ratio for 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) 2019: 2018: % % Requirement 2. Calculate the rate of return on total assets for 2019 and 2018. 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 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) Now, calculate the rate of return on total assets for 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) 2019: 2018: % % Requirement 3. Calculate the asset turnover ratio for 2019 and 2018. Begin by selecting the formula to calculate the asset turnover. Asset turnover ratio = Net sales revenue / Average total assets Now, calculate the asset turnover ratio for 2019 and 2018. (Round your answers to two decimal places, X.XX.) 2019: 2018: times times Requirement 4. Calculate the rate of return on common stockholders' equity for 2019 and 2018. Begin by selecting the formula to calculate the rate of return on common stockholders' equity. Rate of return on common stockholders' equity = (Net income - Preferred dividends) / Average common stockholders' equity v Now, calculate the rate of return on common stockholders' equity for 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) 2019: 2018: % % Requirement 5. Calculate the earnings per share for 2019 and 2018. Begin by selecting the formula to calculate the earnings per share. Earnings per share = (Net income - Preferred dividends) /Weighted average number of common shares outstanding Now, calculate the earnings per share for 2019 and 2018. (Round your answers to the nearest cent.) Now, calculate the earnings per share for 2019 and 2018. (Round your answers to the nearest cent.) 2019: 2018: Requirement 6. Calculate the 2019 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.20 per share. Begin by selecting the formula to calculate the dividend payout on common stock. Dividend payout = Annual dividend per share / Earnings per share Now, calculate the 2019 dividend payout on common stock. (Round interim calculations to the nearest cent and your final answer to the nearest whole percent, X%.) 2019