Net Sales Revenue Cost of Goods Sold Renkas, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 Selling and Administrative Expenses Interest Expense Income Tax Expense 2025 2024 2023 $ 180,000 $ 153,000 94,500 87,500 49,000 39,500 8,500 9,500 13,000 9,000 $ 15,000 $ 7,500 Net Income Additional data: Total Assets $ 206,000 $ 193,000 $ 165,000 Common Stockholders' Equity 95,000 84,000 78,000 Preferred Dividends 3,000 3,000 0 Common Shares Outstanding During the Year 20,000 20,000 10,000 Print Done Requirements 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. 4. Calculate the rate of return on common stockholders' equity for 2025 and 2024. 5. Calculate the earnings per share for 2025 and 2024. 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.05 per share. 7. Did the company's operating performance improve or deteriorate during 2025? Print Done