Low'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.) Low's has 50,000 common shares outstanding during 2024. Read the requirements. Requirement 1. Compufe the profit margin ratio for Low's Companies for 2024. Begin by selecting the formula to calculate Low's Companies' profit margin ratio. Then enter the amounts and calculate the profit margin ratio for 2024 . (Round your answer to one tenth of a percent, X.X\%.) Requirements 1. Compute the profit margin ratio for Low'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. Balance Sheet May 31, 2024 and 2023 Income Statement