Consider the following condensed financial statements of Money Safe, Inc. The company's target rate of return is $20\%$

$($Click the icon to view the comparative balance sheet.$)($Click the icon to view the income statement.$)$

Read the requirements.

Data table

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 calculations to four decimal places and enter your final to the

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 your final to the nearest hundredth of a percent, X$.$XX$\%)$

$$ Operating income $$ Profit marain ratin

$,=,\%$

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.

Requirement $4.$ Use the expanded ROI formula to confirm your results from Requirement $1.$ Interpret your results.

First, select the expanded ROI formula.

$$ Profit margin ratio $,$ ROI

Using the expanded formula, the ROI for Money Safe, Inc. is $,\%.$

Requirement $5.$ Calculate the company's RI$.$ Interpret your results.

First, select the formula to calculate residual income $($RI$).$

$-(]$ Target rate $of$ return $,=,R$

The RI for Money Safe, Inc. is

Money Safe, Inc. is exceeding management's target rate of return.