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Please assist Homework: Week Three Exercises Chapter Question 10, E17-20 (similar to) Part 1 of 13 HW Score: 68.45%, 6.84 of 10 points Points: 0.39

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Homework: Week Three Exercises Chapter Question 10, E17-20 (similar to) Part 1 of 13 HW Score: 68.45%, 6.84 of 10 points Points: 0.39 of 1 Save Vaughn, Inc.'s comparative income statement follows. The 2017 data are given as needed. Data table X BEE (Click the icon to view the data.) Read the requirements. Vaughn, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 Requirement 1. Calculate the profit margin ratio for 2019 and 2018. Dollars in thousands 2019 2018 2017 Begin by selecting the formula to calculate the profit margin ratio. Net Sales Revenue $ 183.000 $ 154,000 Profit margin ratio Cost of Goods Sold 95.500 85,000 Selling and Administrative Expenses 48,000 39.500 Interest Expense 7.500 10,000 X Requirements Income Tax Expense 12.000 9.000 Net Income $ 20,000 $ 10,500 Calculate the profit margin ratio for 2019 and 2018. Additional data: Calculate the rate of return on total assets for 2019 and 2018. Total Assets $ 201,000 $ 192,000 $ 171.000 Calculate the asset turnover ratio for 2019 and 2018. Common Stockholders' Equity 94,500 88,500 77.500 Calculate the rate of return on common stockholders' equity for 2019 and 2018. Calculate the earnings per share for 2019 and 2018. Preferred Dividends 3,000 3,000 Calculate the 2019 dividend payout on common stock. Assume dividends per share for Common Shares Outstanding During the Year 25,000 25,000 20,000 common stock are equal to $0.44 per share, N Did the company's operating performance improve or deteriorate during 2019? Print Done Print Done MacBook Pro

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