please help me solve requirment 3

Homework: Ch 17 Homework B - Graded Save Score: 1.67 of 6 pts 8 of 8 (7 complete) HW Score: 76.91%, 36.92 of 48 pts %EF17-20 (similar to) X Data Table Mariner, Inc.'s comparative income statement follows. The 2023 data are given as needed. (Click the icon to view the data.) Read the requirements Mariner, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 2024 7.3 % 2023 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. Net Sales Revenue Rate of return on total assets = (Net income + Interest expense) = Average total assets Cost of Goods Sold Selling and Administrative Expenses Interest Expense $ 186,000 $ 157,000 98,500 83,000 45,500 44,000 8,500 9,500 12,000 9,000 Now, calculate the rate of return on total assets for 2025 and 2024. (Round your answers to one tenth of a percent, X.X, and do not enter the %. For example, enter 10.1% as 10.1.) Income Tax Expense Rate of return on total assets % 15.2 % $ 21,500 $ 11,500 2025 Net Income 2024 11.9 % Additional data: Requirement 3. Calculate the asset turnover ratio for 2025 and 2024. Total Assets Common Stockholders' Equity Preferred Dividends Begin by selecting the formula to calculate the asset turnover. $ 210,000 $ 186,000 $ 168,000 91,000 87,500 78,000 3,500 3,500 0 15,000 15,000 10,000 Requirements Asset turnover ratio = Net sales revenue - Average total assets Common Shares Outstanding During the Year Now, calculate the asset turnover ratio for 2025 and 2024. (Round your answers to two decimal places, X.XX.) Print Done Asset turnover ratio 2025 1.05 times 0.79 times 2024 1. Calculate the profit margin ratio for 2025 and 2024. 2. Calculate the rate of return on total assets for 2025 and 2024. 3. Calculate the asset turnover ratio for 2025 and 2024. 4. Calculate the rate of return on common stockholders' equity for 2025 and 2024. 5. Calculate the earnings per share for 2025 and 2024. 6. Calculate the 2025 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.97 per share. 7. Did the company's operating performance improve or deteriorate during 2025? Enter any number in the edit fields and then click Check Answer. parts bea AL