Question SD-9 (similar to) Vary Cemerhandeling from the winter me on to www to be the Vor 40.000.com www.sanding dreg 2010 Requirement 1. Compute the prolt margin to for Victory's Companies for 2014 Ben by selecting te tumua tante Viloy's Comparios srote margin rate. Then enter the amounts and to the pret magn tutor 2018. Round your answer to on tutti e sert Xxx Prima 0 Income Statement for 20 argin ra ar Victory's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue 40,900 $ 39,800 Cost of Goods Sold 22,500 23,700 Interest Expense All Other Expenses 300 280 8,400 6,900 Net Income 11,200 $ 7,420 Print Done ont.) Sing du Balance Sheets do for Victory's Companies Balance Sheet Cory's erce May 31, 2018 and 2017 Assets 2018 Liabilities 2018 2017 2017 Cash $ 2,500 $ 12,900 Short-term Investments 25,000 11.100 24.000 7.400 7,300 6,000 Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets 1,200 Total Current Liabilities $ 24,000 $ 13,000 Long-term Liabilities 12,900 5,500 Total Liabilities 36,900 7,500 Stockholders' Equity 2,500 Common Stock 11,000 29,700 Retained Earnings 30,300 27,000 Total Equity 41.300 56,700 $ Total Liabilities and Equity 78,200 $ 11,000 21,700 48,200 30,000 32,700 $ Total Assets 78,200 $ 56,700 Print Done CI Clear All nies for 2018 it marg swer to one to i Requirements 1. Compute the profit margin ratio for Victory's Companies for 2018. 2. Compute the rate of return on total assets for 2018. 3. Compute the asset turnover ratio for 2018. 4. Compute the rate of return on common stockholders' equity for 2018. 5. Are these rates of return strong or weak? Explain your reasoning. Print Done Clear All