Consider the following condensed financial statements of Safe Money, 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 reguitements 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 ROL (Round your calculations to four decimal places and enter your final to the nearest hundredth of a percent. XXX%) ROI % 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, XXX%) Profit margin ratio % 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 Choose from any list or enter any number in the input fields and then continue to the next question Requirement 3. Calculate the company's asset turnover ratio. Interpret your results Begin by selecting the formula to calculate asset tumover 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 The company is generating of to generate with every $100 of Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results First, select the expanded ROI formula ROI Using the expanded formula, the ROI for Safe Money, Inc. is To determine what is driving a company's ROI, management often restates the ROI equation in its expanded form. The Rol calculated with the expanded formula with the ROI calculated in Requirement 1 Requirement 5. Calculate the comman's RI Infernrat our results Choose from any list or enter any number in the input fields and then continue to the next question ed financial statements of Sate Money In The company's target rate of rotu Data Table Data Table ed RI Safe Money, Inc. Income Statement For the Year Ended December 31, 2024 Net Sales Revenue $ 9,000,000 Cost of Goods Sold 5 200.000 Gross Profit 3,800,000 Operating Expenses 3,350,000 Operating income 450,000 Other Income and (Expenses) interest Expense (31.000) Income Before Income Tax Expenso 419.000 Income Tax Expenso 146,650 Not Income S 272,350 Safe Money, Inc. Comparative Balance Sheet As of December 31, 2024 and 2023 2024 2023 Assets Cash $ 73,000 $ 61,000 Accounts Receivable 58.200 26.800 Supplies 1.800 1.200 Property. Plant and Equipment, net 304,000 211 000 Patents, net 153,000 110,000 Total Assets $ 590,000 $ 410,000 Liabilities and Stockholders' Equity Accounts Payable $ 25,000 $ 28,000 Short-term Notes Payable 145.000 51,000 Long-term Notes Payable 193,000 123 500 Common Stock, no Par 205,000 197 000 Ra Print Done ny number in the input hields stinn Common Stock, no Par 205,000 197,000 Retained Earnings 21,000 10,500 Total Liabilities and Stockholders' Equity $ 590,000 $ 410,000 w the income statement.) Requirements WIUTUVUY SIL Interpret your results 1. Calculate the company's ROL 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 6. Calculate the company's RI Interpret your results Print Done In in its expanded form. The ROI cal Requirement 5. Calculate the company's RI Interpret your results First, select the formula to calculate residual income (RI). X RI The RI for Safe Money, Inc. is Safe Money, Inc. is management's target rate of return