Villa, Inc.'s comparative income statement follows. The 2017 data are given as needed (Click the icon to view the data.) Read the requirements Requirement 1. Calculate the profit margin ratio for 2019 and 2018. Begin by selecting the formula to calculate the profit margin ratio, Profit margin ratio Requirements 1. Calculate the profit margin ratio for 2019 and 2018. 2. Calculate the rate of return on total assets for 2019 and 2018 3. Calculate the asset turnover ratio for 2019 and 2018 4. Calculate the rate of return on common stockholders' equity for 2019 and 2018 5. Calculate the earnings per share for 2019 and 2018 6. Calculate the 2019 dividend payout on common stock. Assume dividends per share for common stock are equal to 50.62 per share. 7. Did the company's operating performance improve or deteriorate during 2019? Print Done Data table Villa, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 Dollars in thousands 2019 2018 2017 Net Sales Revenue $ 187,000 $ 156,000 Cost of Goods Sold 97,000 83,500 39,500 Selling and Administrative Expenses Interest Expense 45,500 8,500 13,000 11,000 10,000 Income Tax Expense Net Income $ 23,000 $ 12,000 Additional data: Total Assets $ 202,000 $ 190,000 $175,000 95,500 90.500 79.000 Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year 2.500 2,500 0 25.000 25.000 20,000