Data table Safe Money, Inc. Comparative Balance Sheet As of December 31, 2024 and 2023 Cash Accounts Receivable Supplies 2024 2023 Assets $ 78,000 $ 76,000 60,800 20,600 200 400 250,000 190,000 210,000 114,000 $ 599,000 $ 401,000 Property, Plant, and Equipment, net Patents, net Total Assets Liabilities and Stockholders' Equity Print Done X Liabilities and Stockholders' Equity Accounts Payable Short-term Notes Payable Long-term Notes Payable $ 30,000 $ 32,000 150.000 51,000 197,000 128,000 Common Stock, no Par Retained Earnings 202,000 171,500 20,000 18,500 Total Liabilities and Stockholders' Equity $ 599,000 $ 401,000 Data table Safe Money, Inc. Income Statement For the Year Ended December 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income $ 7,500,000 4.500.000 3,000,000 2.850.000 150,000 Other Income and (Expenses): Interest Expense (35,000) Income Before Income Tax Expense 115,000 Income Tax Expense 40,250 X Data table Income Statement For the Year Ended December 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Income Before Income Tax Expense Income Tax Expense Net Income - X e th $ 7,500,000 4,500,000 3,000,000 2,850,000 par 150,000 (35,000) 115,000 40,250 $ 74,750 Requirements 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. 234 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. 5. Calculate the company's RI. Interpret your results. - X Print Done 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, XXX%) RO %6 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 Requirement 3. Calculate the company's asset turnover ratio. Interpret your results. for every dollar of Begin by selecting the formula to calculate asset turnover 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 Danienmant A then the vanded Dot formides of to generate with every $1.00 of Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. First, select the expanded ROI formula Using the expanded formula, the ROI for Safe Money, Inc. is ROI 96 To determine what is driving a company's ROI, management often restates the ROI equation in its expanded form. The ROI calculated with the expanded formula the ROI calculated in Requirement 1 Requirement 5. Calculate the company's RI. Interpret your results. First, select the formula to calculate residual income (RI) with Requirement 5. Calculate the company's RI. Interpret your results. First, select the formula to calculate residual income (RI). The RI for Safe Money, Inc is Safe Money, Inc. is management's target rate of return. = RI