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Consider the following condensed financial statements of Money Freedom, Inc. The company's target rate of return is 40% : (Click the icon to view the

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Consider the following condensed financial statements of Money Freedom, Inc. The company's target rate of return is 40% : (Click the icon to view the comparative balance sheet. (Click the icon to view the income statement.) Read the requirements. Requirement 1. Calculate the company's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to caloulate refurn on investment (ROI), and then enter the amounts to calculate the company's ROI, (Round your calculations to four decimal places and enter your final to the nearest hundredth of a percent, X.XX\%) Requirement 2, Calculate the company's profit margin ratio. Interpret your results. Begin by selecting the formula to calculate profit margin ratio, and then enter the amounts to caiculate the company's profit margin ratio. (Enter your final to the nearest hundredth of a percent, % ) Requirement 3. Calculate the company's asset turnover ratio. Interpret your results. Begin by selecting the formula to calculate asset tumover ratio, and then enter the amounts to calculate the company's asset turnover ratio. = Asset tumover ratio The company's asset turnover ratio explains how efficiently a company uses its Thecompanyisgeneratingoftogeneratewithevery$1.00of Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1 , Interpret your resuits. First, select the expanded ROl formula. Using the expanded formula, the ROI for Money Freedom, Inc. is % Using the expanded formula, the ROI for Money Freedom, Inc. is %. To determine what is drivina a company's ROI, management often restates the ROI equation in its expanded form. The ROI calculated with the expanded formula with the ROl calculated in Requirement 1. Requirement 5. Calculate the company's RI. Interpret your results. First, select the formula to calculate residual income (Ri). The RI for Money Freedom, Inc, is Money Freedom, Inc. is management's target rate of return. Data table Data table Requirements 1. Calculate the company's ROI. 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 company's RI. Interpret your results

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