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Consider the following condensed financial statements of Money Freedom, Inc. The company's target rate of return is 30% : (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 30% : (Click the icon to view the comparative balance sheet Click the icon to view the income statement.) Data table 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 ce X.XXX\%) 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 calculate the company's profit margin ratio. (Enter you =Profitmarginratio= The company's profit margin ratio tells us that they earn of for every dollar of Requirement 3. Calculate the company's asset turnover ratio. Interpret your results. Begin by selecting the formula to calculate asset turnover ratio, and then enter the amounts to calculate the company's asset turnover ratio. = Asset turnover ratio = The company's asset turnover ratio explains how efficiently a company uses its to generate The company is generating of with every $1.00 of Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. First, select the expanded ROI formula. Using the expanded formula, the ROI for Money Freedom, Inc. is %. To determine what is driving a company's ROI, management often restates the ROI equation in its expanded form. The ROI calculated with the expa 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

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