Victory'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.) Victory's has 30,000 common shares outstanding during 2024 . Read the Requirement 1. Compute the profit margin ratio for Victory's Companies for 2024. Begin by selecting the formula to calculate Victory's Companies' profit margin ratio. Then enter the amounts and calculate the profit margin ratio Income Statement