Triumph's Companies Income Statement Years Ended May 31, 2024 and 2023 Net Sales Revenue Triumph's Companies, a home improvement store chain, reported the following summarized figures: EEs (Click the icon to view the income statement. (Click the icon to view the balance sheets) Triumph's has 30,000 common shares outstanding during 2024 Read the requirements. Requirement 1. Compute the profit margin ratio for Triumph's Companies for 2024. =Profitmarginratio= Requirement 2. Compute the rate of return on total assets for 2024. a percent. X%.) Requirement 3. Compute the asset turnover ratio for 2024 =Assetturnoverratio= Requirement 4. Compute the rate of return on common stockholders' equity for 2024. Rate of return on common ))1==stockholdersequity% 54. rate of return on common stockholders' equity =10.3%. These rates of retum are considering that Triumph's Companies Balance Sheet May 31, 2024 and 2023 Requirements 1. Compute the profit margin ratio for Triumph'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