The CJ, Inc. comparative income statement follows. The 2014 data are given as needed.

Requirements

1. Calculate the profit margin for 2016 and 2015.

2. Calculate the rate of return on total assets for 2016 and 2015.

3. Calculate the asset turnover ratio for 2016 and 2015.

4. Calculate the rate of return on common stockholders' equity for 2016 and 2015.

5. Calculate the earnings per share for 2016 and 2015.

6. Calculate the 2016 dividend payout on common stock. Assume dividends per share for common stock are equal to $ 0.36 per share.

7. Did the company's operating performance improve or deteriorate during 2016?

CJ, INC. Comparative Income Statement Years Ended December 31, 2016 and 2015 2016 2015 2014 Dollars in thousands Net Sales Cost of Goods Sold Seling and General Expenses Interest Expense Income Tax Expense Net Income 176,000 160,000 93,400 86,500 46,000 41,000 9,000 10,300 9,600 17,400 12,600 10,200 Additional data: Total Assets Common Stockholders Equity Preferred Dividends Common Shares Outstanding During the Year20,500 20,500 8,000 203,000 190,000 175,000 79400 96,600 3,500 90,100 3,500