White, Inc.'s comparative income statement follows. The 2023 data are given as needed. EE (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 = Net income-Net sales revenue Now, calculate the profit margin ratio for 2025 and 2024 (Round your answers to one tenth of a percent. XX. and do not enter the %. For example, enter 10.1% as 10.1.) Profit margin ratio % 92% 2025 2024 5.4 Requirement 2. Calculate the rate of return on total assets for 2025 and 2024 Begin by selecting the formula to calculate the rate of return on total assets income statement follows. The 201 the data.) e the profit margin ratio for 2025 ar mula to calculate the profit margin Net income - Net sales revenue margin ratio for 2025 and 2024. (Re ate the rate of return on total assets ormula to calculate the rate of return Data table White, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 $ 184,000 $ 157,000 99,000 88,000 48,000 39,500 7,500 10,000 12.500 11,000 $ 17,000 $ 8,500 Done Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data: Print 2023 - X 8 Data table Question 2 FF15-20 (similar to) Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data: Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year Print HW Score: 2 - X $ 184,000 $157,000 99,000 88,000 48,000 39,500 7,500 10,000 12,500 11,000 $ 17,000 $ 8,500 $ 200,000 $ 189,000 $ 171,000 94,500 87,500 81,000 4,000 4,000 0 15,000 15,000 10,000 Done tement follows. The 2023 data are given as needed. Requirements 1. Calculate the profit margin ratio for 2025 and 2024. 2. Calculate the rate of return on total assets for 2025 and 2024. margin ratio for 202 3. Calculate the asset turnover ratio for 2025 and 2024. Culate the profit mar 4. Calculate the rate of return on common stockholders' equity for 2025 and 2024. 5. Calculate the earnings per share for 2025 and 2024 e-Net sales reven 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock ar equal to 50 40 per share. for 2025 and 2024. 7. Did the company's operating performance improve or deteriorate during 2025? Print Done of return on total ass White, Inc's comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data) Read the requirements CEED THE 2025 2024 Requirement 2. Calculate the rate of return on total assets for 2025 and 2024 Begin by selecting the formula to calculate the rate I return on total assets Rate of return on total assets Not incon Interest expense)-Average total assets Now, calculate the rate of return on total assets for 2025 and 2024. (Round your answers to one tent of a percent XX and do not enter the % For example, enter 10.1% as 10.1) Rate of return on total assets 2025 2024
