Hi, can someone help me with this?

Victory's Companies, a home improvement store chain, reported the following summarized figures: IIII (Cick the icon to view the income statement) (Cick the icon to view the bolance sheets.) Victorys has 40,000 common shares outstanding during 2024 : Read the requirements. Requirement 1. Compule the debt ratio and the debt to equily ratio at May 31, 2024, for Victorys Companies: Begin by selecting the formula to calculate Victory's Componies' debt raso. Then enter the amounts and calculase the debt rato for 2024 , (Round the ratio to coe tenth of a percent, X2. .) Income Stahement Balance Sheets Requirements 1. Compute the debt ratio and the debt to equity ratio at May 31, 2024, for Victory's Companies. 2. Is Victory's ability to pay its liabilities strong or weak? Explain your reasoning