Consider the following condensed financial statements of Money Freedom, Inc. The company's target rate of return is 20%: Requirement 1. Calculate the company's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return 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%) Data table + Money Freedom, Inc. Income Statement For the Year Ended December 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Income Before Income Tax Expense Income Tax Expense Net Income $ = ROI Data table % Money Freedom, Inc. Comparative Balance Sheet As of December 31, 2024 and 2023 2024 2023 Cash Accounts Receivable Supplies 9,000,000 Property, Plant, and Equipment, net 5,200,000 Patents, net 3,800,000 Total Assets Assets $ 73,000 $ 58,200 61,000 26,800 1,800 1,200 304,000 211,000 153,000 110,000 $ 590,000 $ 410,000 3,350,000 Liabilities and Stockholders' Equity 450,000 (31,000) 419,000 146,650 $ 272,350 Accounts Payable Short-term Notes Payable Long-term Notes Payable Common Stock, no Par Retained Earnings Total Liabilities and Stockholders' Equity $ 26,000 $ 28,000 145,000 51,000 193,000 123,500 205,000 197,000 21,000 10,500 $ 590,000 $ 410,000