Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to calculate the company's margine your trust the two of a percent Operating in Not revenue Profit margin ratio 300,000 3.000.000 The company's profit margination they cam after-tax operating income average total assets current abilities net income operating income Video Help me solve this Clear Get more help Check anaw sales Poni 105 Save Consider the following condensed financial statements of Money Freedom, Inc. The company's target ute ofretum is 30% (Click the icon to view the comparative both) Click the con to view the income tant) Read the recent after-tax operating income average total assets current liabilities ROC. Round all of your wars to four decimal place a rotum on investment (RON), and then enter a wounts to calculate the company Hot Pound your contend to tour doors and enter your trade the rural hundrum capacent age total ROI 500.000 60 profit margin ratio interpret your results profit margin rato, and then enter the amounts to calculate the company profit margintato. (Enter you frow to turn of a percart. XXX stevenue 3,000,000 net income net sales revenue Prott margin race 105 operating Income that they cam for every color of Workid=b 43334&questionid=3&tushederalse&cid=65834534 Room HFC Canvas Movies Netflix h Hulu ESPN Question 4, P24-21A (si... HW Sca > ata table Comparative Balance Sheet As of December 31, 2018 and 2017 2018 Assets 2017 Cash 71,000 $ 59,000 Accounts Receivable 56,200 24,800 Supplies 3,800 3,200 Property, Plant, and Equipment, net 308,000 213,000 Patents, net 149,000 112,000 Total Assets $ 588,000 $ 412,000 Liabilities and Stockholders' Equity Accounts Payable $ 24,000 $ 26,000 Short-term Notes Payable 143,000 49,000 Long-term Notes Payable 191,000 121,500 Common Stock, no Par 211,000 207,000 Retained Earnings 19,000 8,500 Total Liabilities and Stockholders' Equity $588,000 $ 412,000 Money Freedom, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 3,000,000 Cost of Goods Sold 2,650,000 Gross Profit 350,000 50,000 300,000 Operating Expenses Operating Income Other Income and (Expenses): Interest Expense (29,000) Income Before Income Tax Expense 271,000 Income Tax Expense 94,850 Net Income $ 176,150