Money Safe, Inc.
Income Statement
For the Year Ended December 31, 2018
	Net Sales Revenue	$1,500,000
	Cost of Goods Sold	700,000
	Gross Profit	800,000
	Operating Expenses	500,000
	Operating Income	300,000
	Other Income and (Expenses):
	Interest Expense	(1,700)
	Income Before Income Tax Expense	298,300
	Income Tax Expense	104,405
	Net Income	$193,895

Money Safe, Inc.
Comparative Balance Sheet
As of December 31, 2018 and 2017
		2018	2017
	Assets
	Cash	$66,000	$54,000
	Accounts Receivable	51,200	19,800
	Supplies	3,000	2,400
	Property, Plant, and Equipment, net	323,800	223,800
	Patents, net	139,000	117,000
	Total Assets	$583,000	$417,000
	Liabilities and Stockholders' Equity
	Accounts Payable	$19,000	$21,000
	Short-term Notes Payable	138,000	44,000
	Long-term Notes Payable	186,000	116,500
	Common Stock, no Par	226,000	232,000
	Retained Earnings	14,000	3,500
	Total Liabilities and Stockholders' Equity	$583,000	$417,000

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.