Succeed'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 Succoods has 20.000 common shares outstanding during 2024 Rond the requirements Requirement 1. Compute the profit mingin 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 margt for 2004 (Round your answer to one tonth of a percent, XX Not income Not Sales Profit margo Homework: C... Question 8, SF17-9 (simi Part 20 HW Score: 86.725,77.15 of 90 points Points: 0.77 of 10 Save Succeed's Companes, arome moment to chan reported the following summarizode Lack the icon to view the income statement Click the con lo web hos Sud Income Stement on the Read the remonts Income statement Requirement 1. Compro Begin by selecting the formato your answer to one of a perd go for 2004 Succeed's Companies Income Statement Yours Ended May 31, 2024 and 2023 2024 Nincom 2023 5 13 000 20.000 Net Sales Revenue Coat of Goods Sold Interest Expense As Other Expenses 19 2005 21000 100 700 1000 20,100 6,789 Net Income Print Dono Succeod TECH Balance sheets Succe Read the Require Succeed's Companies Balance Sheet May 31, 2024 and 2023 Begant your bund Assets 2024 Liabilities 2024 2023 2023 Cash 5 12.000 12:00 2,500 S 25,000 7.300 6.800 6.000 Short-term investments Accounts Receivable Merchandiserventory Other Currunases Total Curront Assets A Omer Assets 25300 1.200 Total Current Labbes $ 24000 $ 12000 Longformes $2.000 5.400 Total Labs 35.000 8.200 Stockholders Equity 8000 28.500 Robined Eamings 32,000 30 000 1.700 Common Stock 47,600 29,000 23.000 Euty 0.000 18200 26.200 51 500 76,600 5 61.500 Total Assas Total Labs and Equity 76.500 5 Print Dono