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Consider the following condensed financial statements of Safe Money comma Inc.Safe Money, Inc. The? company's target rate of return is 30 % : . Calculate

Consider the following condensed financial statements of Safe Money comma Inc.Safe Money, Inc. The? company's target rate of return is 30 % :

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.

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.

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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Safe Money, Inc. Income Statement For the Year Ended December 31, 2016 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Other Expenses: Interest Expense Income Betore Income lax Expense Income Tax Expense Net Income $ 2,500,000 1,100,000 1,400,000 1,150,000 250,000 (28,000) 222,000 77,700 $144,300

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