Consider the following condensed financial statements of Secure Life, Inc. The company's targot rate of return is 30% Click the icon to view the comparative balance sheet) m 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 de ROI 1 Data table 7 Secure Life, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 2018 2017 Assets Cash $ 65,000 $ 53,000 Accounts Receivable 50,200 18,800 Supplies 2.000 1,400 Property, Plant, and Equipment, net 327 800 226,800 Patents, net 137.000 118,000 Total Assets $ 582,000 $ 418,000 $ CA Liabilities and Stockholders' Equity Accounts Payable 18,000 $ 20,000 Short-term Notes Payable 137,000 43,000 Long-term Notes Payable 185,000 115,500 Common Stock, no Par 229,000 237,000 Retained Earnings 13,000 2,500 Total Liabilities and Stockholders' Equity $ 582,000 $ 418,000 Print Done Data table Secure Life, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 2,500,000 Cost of Goods Sold 1,100,000 Gross Profit 1,400,000 Operating Expenses 1,150,000 Operating Income 250,000 Other Income and (Expenses): Interest Expense (28,000) Income Before Income Tax Expense 222,000 Income Tax Expense 77,700 $ Net Income 144,300 Print Done - X Requirements, 1. 2. 3. 4. Calculate the company's ROI. Round all of your answers to four decimal places Calculate the company's profit margin ratio. Interpret your results. Calculate the company's asset turnover ratio Interpret your results. Use the expanded ROI formula to confirm your results from Requirement 1 Interpret your results Calculate the company's RI. Interpret your results . 5. Print Done