Mariner, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the requirements Data table 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 Mariner, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 Now, calculate the profit m r 10.1% as 10.1.) 2023 $ 180,000 $ 153,000 93,000 83,500 Profit margir Annual dividend per share + Earnings per share ratio % 2025 (Net income + Income tax expense + Interest expense) + Interest expense 2024 Requirement 2. Calculate (Net income + Interest expense) + Average total assets Begin by selecting the forr (Net income - Preferred dividends) + Average common stockholders' equity Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense 48,000 44,000 11,500 9,500 12,500 8,500 Income Tax Expense $ 17,000 $ 5,500 Net Income Additional data: Rate of return on total ass (Net income + Preferred dividends) + Average common stockholders' equity Now, calculate the rate of (Net income - Preferred dividends) + Weighted average number of common shares outstanding Rate of return total assets. Net income + Net sales revenue ample, enter 10.1% as 10.1.) Total Assets $ 203,000 $ 194,000 $ 165,000 92,000 84,500 80,000 2025 Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year 3,500 3,500 0 Net sales revenue - Average total assets 2024 20,000 20.000 10,000 Requirement 3. Calculate Net sales revenue + Net income Begin by selecting the formula to calculate the asset turnover. Print Done Asset turnover ratio = Now, calculate the asset turnover ratio for 2025 and 2024. (Round your answers to two decimal places, X.XX.) Asset turnover ratio 2025 times 2024 times Mariner, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the requirements. Data table 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 Mariner, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 Now, calculate the profit margin ratio for 2025 and 2024. (Round your answers to one tenth of a percent, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) 2023 Profit margin ratio % Net Sales Revenue $ 180,000 $ 153,000 2025 % 93,000 83,500 2024 % Cost of Goods Sold Selling and Administrative Expenses Interest Expense 48,000 44.000 Requirement 2. Calculate the rate of return on total assets for 2025 and 2024. 9,500 11,500 8,500 12,500 Income Tax Expense Begin by selecting the formula to calculate the rate of return on total assets. $ 17,000 $ 5,500 Rate of return on total assets = Net Income Additional data: Now, calculate the rate of return on total assets for 2025 and 2024. (Round your answers to one tenth of a percent, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Total Assets Rate of return on total assets % Common Stockholders' Equity $ 203,000 $ 194,000 $ 165,000 92,000 84,500 80,000 3,500 3,500 0 2025 % Preferred Dividends Common Shares Outstanding During the Year 2024 % 20,000 20,000 10,000 Requirement 3. Calculate the asset turnover ratio for 2025 and 2024. Begin by selecting the formula to calculate the asset turnover. Print Done Asset turnover ratio = Now, calculate the asset turnover ratio for 2025 and 2024. (Round your answers to two decimal places, X.XX.) Asset turnover ratio 2025 times 2024 times Mariner, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the requirements. Data table Begin by selecting the formula to calculate the rate of return on common stockholders' equity. Rate of return on common stockholders' equity Now, calculate the rate of return on common stockholders' equity for 2025 and 2024. (Round your answers to one tenth of a percent, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Mariner, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 2023 Rate of return on common stockholders equity % % Net Sales Revenue $ 180,000 $ 153,000 2025 93,000 83,500 2024 % Cost of Goods Sold Selling and Administrative Expenses Interest Expense 48,000 44,000 11,500 Requirement 5. Calculate the earnings per share for 2025 and 2024. 9,500 12,500 8,500 Begin by selecting the formula to calculate the earnings per share. Income Tax Expense $ 17,000 $ 5,500 Earnings per share = Net Income Additional data: Now, calculate the earnings per share for 2025 and 2024. (Round your answers to the nearest cent.) Total Assets Earnings per share Common Stockholders' Equity $ 203,000 $ 194,000 $ 165,000 92,000 84,500 80,000 3,500 3,500 0 2025 Preferred Dividends 2024 Common Shares Outstanding During the Year 20,000 20,000 10,000 Requirement 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.30 per share. Begin by selecting the formula to calculate the dividend payout on common stock. Print Done Dividend payout Now, calculate the 2025 dividend payout on common stock. (Round interim calculations to the nearest cent and your final answer to the nearest whole percent, X%, and do not enter the %. For example, enter 10% as 10.) Dividend payout on common stock % % 2025 Requirement 7. Did the company's operating performance improve or deteriorate durina 2025