Plese calculate the rate of return on common stockholder's equity for 2019 and 2018. Thank You. Not sure if needed, but other calculations prior to this were profit margins 10.8% and 4.1% , rate of return on total assets 14.1% and 9.1%, asset turn over ratio 0.92 and 0.87.(the first number is 2019, 2nd is 2018).

Data Table Mariner, Inc.'s comparative income statement follows. The 2017 data are given as needed. (Click the icon to view the data) Read the requirements 2019: 0.92 times Mariner, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 2019 2018 2017 Dollars in thousands Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data: Total Assets 0.87 times $ 185,000 157,000 94,500 88,000 50,000 43,500 8,500 10,000 9,000 $ 20,000 6,500 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 Now, calculate the rate of retum on common stockholders equity for 2019 and 2018. (Round your answers to one tenth of 2019: 2018 12,000 $ 210,000 S 193,000 $ 168,000 Enter any number in the edit fields and then click Check Answer PrintDone Data Table Mariner, Inc.'s comparative income statement follows. The 2017 data are given as needed. (Click the icon to view the data) Read the requirements 2019: 0.92 times Mariner, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 2019 2018 2017 Dollars in thousands Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data: Total Assets 0.87 times $ 185,000 157,000 94,500 88,000 50,000 43,500 8,500 10,000 9,000 $ 20,000 6,500 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 Now, calculate the rate of retum on common stockholders equity for 2019 and 2018. (Round your answers to one tenth of 2019: 2018 12,000 $ 210,000 S 193,000 $ 168,000 Enter any number in the edit fields and then click Check Answer PrintDone