Question: READ THE REQUIREMENTS. i need help on 2 & 3. pls help asap Hohis Companies, a home imgrovement store chair, reported the following summarzed foures:

READ THE REQUIREMENTS. i need help on 2 & 3. pls help asap

asap Hohis Companies, a home imgrovement store chair, reported the following summarzed

foures: (Cick the icon to vew the inoome statement) (Click the icon

to vew the balance sheets) Highis has 30,000 eommon shares outstanding buring

Hohis Companies, a home imgrovement store chair, reported the following summarzed foures: (Cick the icon to vew the inoome statement) (Click the icon to vew the balance sheets) Highis has 30,000 eommon shares outstanding buring 2024 Raad the iequimments Requirement 1. Compute the proft margin ratio fox High's Companies for 2024 Eegin by seiocting the formula to calcilato Highis Companies' proft margin rata. Then enter the amounts and cacculate the proft margn ratio for 2024 . (Found your anwwor to one tenth of a pertant x(x) Requirement 2. Compule the rate of retum on solal asiets lor 2024 Begin by selecting the fomula to calculaie High's Companies' rate of retimn on todal assets. Then enser the amounts and calcieate the rale of retum on total assels for 2024 . (hound your answar to ompanies, a home improvement store chain, reported the following summarized figures: the the icon to view the income statement) (Click the icon to view the balance sheets.) 30,000 common shares outstanding during 2024. requirements. Income Statement ment 1. Compute selecting the form profit margin ratio for 2024. hent 2. Compute selecting the form of a percent, X,X pulate the rate of return on Companies, a home improvement store chain, reported the following summarized figures: Click the icon to view the income statement.) (Click the icon to view the balance sheets.) has 30,000 common shares outstanding during 2024 . the requirements. Requirements it margin ratio for 202 1. Compute the profit margin ratio for High's Companies for 2024. 2. Compute the rate of return on total assets for 2024. 3. Compute the asset turnover ratio for 2024. 4. Compute the rate of return on common stockholders' equity for 2024 . 5. Are these rates of return strong or weak? Explain your reasoning. te the rate of retum Balance Sheets

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