Consider the following condensed financial statements of Money Safe, Inc. The company's target rate of return is 30%: E: (Click the icon to view the comparative balance sheet.) P. (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 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%) ROI - X Data Table Data Table Requirements Money Safe, Inc. Comparative Balance Sheet As of December 31, 2024 and 2023 2024 2023 Assets 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. Cash $ 68,000 $ 56,000 Accounts Receivable 53,200 21,800 Money Safe, Inc. Income Statement For the Year Ended December 31, 2024 Net Sales Revenue $ 5,000,000 Cost of Goods Sold 2,800,000 Gross Profit 2,200,000 Operating Expenses 1,850,000 Operating Income 350,000 Other Income and (Expenses) Interest Expense (42,000) Income Before Income Tax Expense 308,000 Income Tax Expense 107,800 S Net Income 200,200 Print Done Supplies 5,000 4,400 Property, Plant, and Equipment, net 315,800 217,800 Patents, net 143,000 115,000 Total Assets $ 585,000 $ 415,000 Liabilities and Stockholders' Equity Accounts Payable $ 21,000 $ 23,000 Short-term Notes Payable 140,000 46,000 Long-term Notes Payable 188,000 118,500 Common Stock, no Par 220,000 222,000 Retained Earnings 16,000 5,500 Total Liabilities and Stockholders' Equity 585,000 $ 415,000 Print Done eck