Micatin, 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 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 $1.13 per share. 7. Did the company's operating performance improve or deteriorate during 2025 ? Requirements 1. Calculate the frofit 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 $1.13 per share. 7. Did the company's operating performance improve or deteriorate during 2025 ? Micatin, Inc's comparative income statement follows. The 2023 data are given as needed (Click the icon to view the data.) Requirement 1. Calculate the profit margin tatio for 2025 and 2024 Begin by selecting the formula to calculate the profit margin ratio. Micatin, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 \begin{tabular}{lrrr} & 2025 & 2024 & 2023 \\ \cline { 2 - 4 } Net Sales Revenue & $181,000 & $160,000 \\ Cost of Goods Sold & 93,500 & 86,500 \\ Selling and Administrative Expenses & 45,000 & 40,500 \\ Interest Expense & 8,000 & 12,000 \\ Income Tax Expense & 7,000 & 4,400 \\ Net Income & $27,500 & 16,600 \\ \hline \hline \end{tabular} Additional data: Total Assets $209.000$187,000$167,000 Comman Starkhaldare' Fouite