White, Inc.'s comparative income statement follows. The 2017 data are given as needed. (Click the icon to view the data.) Data Table Read the requirements. White, Inc. 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 2017 Now, calculate the profit margin ratio for 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) 2019 % Comparative Income Statement Years Ended December 31, 2019 and 2018 Dollars in thousands 2019 2018 Net Sales Revenue $ 180,000 $ 157,000 Cost of Goods Sold 95,000 87,000 Selling and Administrative Expenses 49,000 42,000 Interest Expense 9,500 11,000 Income Tax Expense 10,000 $ 16,000 $ 7,000 Net Income 2018: % Requirement 2. Calculate the rate of return on total assets for 2019 and 2018. 10,500 Begin by selecting the formula to calculate the rate of return on total assets. Rate of return on total assets Additional data: Now, calculate the rate of return on total assets for 2019 and 2018. (Round your answers to one tenth of a percent, X.X%.) Total Assets 2019: $ 210,000 $ 186,000 $ 173,000 93,500 84,000 78,000 3,000 3,000 0 % 2018: Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year % 25,000 25,000 20,000 Requirement 3. Calculate the asset turnover ratio for 2019 and 2018. Begin by selecting the formula to calculate the asset turnover. Print Done Done Asset turnover ratio White, Inc.'s comparative income statement follows. The 2017 data are given as needed. E (Click the icon to view the data.) Data Table Read the requirements. Requirement 3. Calculate the asset turnover ratio for 2019 and 2018. Begin by selecting the formula to calculate the asset turnover. White, Inc. Asset turnover ratio Comparative Income Statement Years Ended December 31, 2019 and 2018 2019 2018 Dollars in thousands Net Sales Revenue $ 180,000 $ 157,000 2017 Now, calculate the asset turnover ratio for 2019 and 2018. (Round your answers to two decimal places, X.XX.) 2019: times Cost of Goods Sold 95,000 87,000 2018: times 49,000 42,000 Requirement 4. Calculate the rate of return on common stockholders' equity for 2019 and 2018. Selling and Administrative Expenses Interest Expense Income Tax Expense 9,500 10,500 11,000 10,000 Begin by selecting the formula to calculate the rate of return on common stockholders' equity $ Rate of return on common 16,000 $ 7,000 Net Income stockholders' equity Additional data: Now, calculate the rate of return on common stockholders' equity for 2019 and 2018. (Round your answers to one tenth of a perce Total Assets Common Stockholders' Equity $ 210,000 $ 186,000 $ 173,000 93,500 84,000 78,000 3,000 3,000 0 2019: % Preferred Dividends 2018: % Common Shares Outstanding During the Year 25,000 25,000 20,000 Requirement 5. Calculate the earnings per share for 2019 and 2018. Begin by selecting the formula to calculate the earnings per share. Print Done Earnings per share White, Inc.'s comparative income statement follows. The 2017 data are given as needed. (Click the icon to view the data.) Data Table Read the requirements. 2019: % 2018: % Requirement 5. Calculate the earnings per share for 2019 and 2018. 2019 2017 Begin by selecting the formula to calculate the earnings per share. Earnings per share White, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 2018 Dollars in thousands Net Sales Revenue $ 180,000 $ 157,000 Cost of Goods Sold 95,000 87,000 Selling and Administrative Expenses 49,000 42,000 Interest Expense 9,500 11,000 10,500 Income Tax Expense 10,000 $ 16,000 $ 7,000 Net Income Now, calculate the earnings per share for 2019 and 2018. (Round your answers to the nearest cent.) 2019: 2018: Requirement 6. Calculate the 2019 dividend payout on common stock. Assume dividends per share for common stock are equal Additional data: Begin by selecting the formula to calculate the dividend payout on common stock. Dividend payout Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year $ 210,000 $ 186,000 $ 173,000 93,500 84,000 78,000 3,000 3,000 0 25,000 25,000 20,000 Now, calculate the 2019 dividend payout on common stock. (Round interim calculations to the nearest cent and your final answer 2019: % Requirement 7. Did the company's operating performance improve or deteriorate during 2019? Print Done Done The company's operating performance during 2019