SF17-9 (similar to) Assigned Media Question Help High's Companies, a homo improvement store chain, reported the following summarized figures: Click the icon to view the income statement) (Click the icon to view the balance sheets) High's has 50,000 common shares outstanding during 2024. Read the requirements Requirement 1. Compute the profit margin ratio fot High's Companies for 2024. Bogin by solecting the formula to calculate High's Companies' profit margin ratio. Then enter the amounts and calculate the profit margin ratio for 2024. (Round your answer to one tonth of a percent XX%) Profit margin ratio Choose from any drop-down list and then click Check Answer. Clear All Check Answer 8 parts remaining i Requirements - argin 1. Compute the profit margin ratio for High'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, Print Done