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Aim's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement) (Click the icon to view
Aim's 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) Aim's has 20,000 common shares outstanding during 2024 . Requirement 1. Compute the debt ratio and the debt to equity rato at May 31, 2024, for Aim's Companies. Income Statement 1. Compute the debt ratio and the debt to equity ratio at May 31, 2024, for Aim's Companies 2. is Aim's abitity to pay its liabintites strong or weak? Explain your reasoning. Shine's Companies, a home improvement store chain, reported the following summarized fgures: (Click the icon to view the income statement ) (Click the icon to view the balance sheets.) Shine's has 50,000 common shares cutstanding during 2024. Requirement 1. Compute the profit margin ratio for Shine's Companies for 2024. Income Statement Balance Sheets Requirements 1. Compute the profit margin ratio for Shine's Companies for 2024. 2. Compute the rate of return on total assets for 2024 . 3. Compute the asset tumover ratio for 2024. 4. Compute the rate of return on common stockholders' equity for 2024. 5. Are these rates of retum strong of weak? Explain your reasoning
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