HW SI Score: 0 of 1 pt 1 5 of 5 complet P24-21A (similar to) Consider the following condered financial statements of Secure Money, Inc. The company's getrofumi 20% con to view the compar e whet) the conview the com m ent) Data Table Requirement 1. Calculate the company's ROL Round of your wens to four decimal places Begin by selecting the formula to calcula tum on investment on and then enter the amount XXX) Secure Money in Comparative Balance Sheet As of December 31, 2018 and 2017 2018 Assets $ 73,000 $ 58.200 51,000 25,800 Account Receivable Subles Property. Plant, and Equipment, net Partnet 304000 151000 211.000 110.000 TA $ 500.000 410.000 S 000 000 boost 13 000 12350 Shorts Payable Long termes Payable Common stock, no ar Retained Earnings 107 000 Choose from any set or enter any number in the input folds and then click Check Answer. 21.000 $ 500.000 410 000 10 ring cure Money, Inc. The company's target rate of return is 20%: (Click the icon to view the income statement.) your answers to four decimal places. ment (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 = ROI * Data Table Secure Money, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue 9,000,000 Cost of Goods Sold 5,200,000 Gross Profit 3,800,000 3,350,000 Operating Expenses Operating Income 450,000 Other Income and (Expenses); (31,000) Interest Expense Income Before Income Tax Expense 419,000 146,650 Income Tax Expense 272,350 Net Income elds and then click Check Answer. Consider the following condensed financial statements of Secure 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 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. (Rd X.XX%) Operating income : Average total assets ROI 450000 * 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 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. 5. Calculate the company's RI. Interpret your results. Print Done