PLEase answer all requirements with clear notes so i am able to understand

Succeed's Companies, a home improvement store chain, reported the following summarized figures: B (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Succeed's has 80,000 common shares outstanding during 2024. Read the requirements Requirement 1. Compute the profit margin ratio for Succeed's Companies for 2024. Begin by selecting the formula to calculate Succeed'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 XX%.) Net income Net sales Profit margin ratio $ 21,600 49.200 43.9 % Requirement 2. Compute the rate of return on total assets for 2024. Begin by selecting the formula to calculate Succeed's Companies' rate of return on total assets. Then enter the amounts and calculate the rate of return on total assets for 2024. (Round your answer to one tenth of a percent, XX%.) = Rate of return on total assets Balance Sheets Income Statement Requirements Succeed's Companies Balance Sheet Succeed's Companies May 31, 2024 and 2023 Income Statement Assets Liabilities Years Ended May 31, 2024 and 2023 2024 2023 2024 2023 1. Compute the profit margin ratio for Succeed'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, 2024 2023 Cash $ 2,100 $ 13,100 11,500 Net Sales Revenue $ 49,200 $ 42,900 Short-term Investments 26,000 Cost of Goods Sold 20,600 1,600 Total Current Liabilities $ 27,000 $ 12,000 Long-term Liabilities 12,500 5,300 Total Liabilities 39,500 8,200 Stockholders' Equity 23,700 Accounts Receivable 7,300 24,600 Print Done Interest Expense 300 140 Merchandise Inventory 7,200 6,700 7,800 All Other Expenses Other Current Assets 9,000 2,500 Common Stock 11,000 11,000 $ 21,600 $ 11,260 Net Income Total Current Assets 51,600 29,600 Retained Earnings 34,100 21,000 All Other Assets 33,000 27,000 Total Equity 45,100 32,000 Print Done $ 84,600 $ 56,600 84,600 $ 56,600 Total Assets Total Liabilities and Equity Print Done