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Please assist me Statement - X Balance Sheets Victory's Companies nies Income Statement Years Ended May 31, 2018 and 2017 and 2017 2018 2017 Assets

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me Statement - X Balance Sheets Victory's Companies nies Income Statement Years Ended May 31, 2018 and 2017 and 2017 2018 2017 Assets Liabilities Net Sales Revenue 49,200 $ 42,000 2018 2018 2017 Cost of Goods Sold 20,800 28,600 Cash 2,100 600 Total Current Liabilities 26,000 S 12,800 Interest Expense 500 280 Short-term Investments 27,00 000 Long-term Liabilities 13,900 11,800 All Other Expenses 6,700 8,400 Accounts Receivable 7,100 5,700 Total Liabilities 39,900 24,600 Net Income 21,200 $ 4,720 Merchandise Inventory 6,800 5,900 Stockholders' Equity Other Current Assets 6,000 2,300 Common Stock 13,000 13,000 Total Current Assets 49,000 26,500 Retained Earnings 24, 100 15,900 Print 28,000 Total Equity 37,100 28,900 Done All Other Assets 27,000 Total Assets 77,000 $ 53,500 Total Liabilities and Equity 77,000 $ 53,500 Print Done Requirements 1. Compute the profit margin ratio for Victory's Companies for 2018. 2. Compute the rate of return on total assets for 2018. . Compute the asset turnover ratio for 2018. 4. Compute the rate of return on common stockholders' equity for 2018. Clear all Check answer 5. Are these rates of return strong or weak? Explain your reasoning

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