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Villian, Inc.'s comparative income statement follows. The 2023 data are given as needed.Begin by selecting the formula to calculate the profit margin ratio.Profit margin ratioXData
Villian, Inc.'s comparative income statement follows. The 2023 data are given as needed.Begin by selecting the formula to calculate the profit margin ratio.Profit margin ratioXData tableTeal'S Clued December 51, 2025 anu 2024202520242023Net Sales Revenue$ 183,000 $ 153,000Cost of Goods Sold97,00085,500Selling and Administrative Expenses48,00041,500Interest Expense9,00010,00011,50011,000Income Tax Expense$ 17,500 $5,000Net IncomeAdditional data:Total Assets$ 200,000 $ 188,000 $ 170,000Common Stockholders' Equity92,00081,50076,500Preferred Dividends3,5003,5000Common Shares Outstanding During theYear25,00025,00015,000
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