0 Requirements target rate of return is 20%: jew the income statement.) Data Table 1. Calculate the company's ROL Round all of your answers to four decimal places. 2. Calculate the company's profit margin ratio. Interpret your results. 3. Calculate the company's asset turnover ratio. Interpret your results. 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. 5. Calculate the companys RL. Interpret your results. Table - X 2017 Print Done Begin by selecting the formula to calculate profit margin ratio, and then en Safe Money, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 2018 Assets Cash $ 66,000 $ Accounts Rocolvable 51,200 Supplies 3,000 Property, Plant, and Equipment, net 323,800 Patents, net 139,000 $ 583,000 $ Total Assets Liabilities and Stockholders' Equity Accounts Payablo $ 19,000 $ Short-term Notes Payable 138.000 Long-term Notes Payable 186,000 54,000 19,800 2,400 223,800 117,000 417,000 The company's profit margin ratio tells us that they ears Safe Money, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 1,500,000 Cost of Goods Sold 700,000 Gross Prolit 800,000 Operating Expenses Operating Income 300,000 Other Income and (Expenses) Interest Expense (1.700) Income Before Income Tax Expense 298,300 Income Tax Expense 104,405 193,895 Net Income of 500,000 Requirement 3. Calculate the company's asset tumover ratio. Interpret yo 21,000 44,000 116,500 Bogin by solocting the formula to calculato asset tumovor ratio, and then d Choose from any list or enter any number in the input lields and then Print Done Save for Laler