Casimiro, Inc.’s comparative income statement follows. The 2024 data are given as needed. 

Requirements 

1. Calculate the profit margin ratio for 2026 and 2025. 

2. Calculate the rate of return on total assets for 2026 and 2025. 

3. Calculate the asset turnover ratio for 2026 and 2025. 

4. Calculate the rate of return on common stockholders’ equity for 2026 and 2025. 

5. Calculate the earnings per share for 2026 and 2025. 

6. Calculate the 2026 dividend payout on common stock. Assume dividends per share for common stock are equal to $.36 per share. 

7. Did the company’s operating performance improve or deteriorate during 2026?

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CASIMIRO INC. Comparative Income Statement Years Ended December 31, 2026 and 2025 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 2026 $ 176,000 93,400 46,000 2025 $ 160,000 86,500 41,000 9,000 10,300 10,200 9,600 $ 17,400 $ 12,600 $ 203,000 96,600 3,500 20,500 $ 190,000 90,100 3,500 20,500 2024 $ 175,000 80,500 0 18,000