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Next Question Consider the following condensed financial statements of Money Safo, Inc. The company's target rate of retum is 10% Click the icon to view

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Next Question Consider the following condensed financial statements of Money Safo, Inc. The company's target rate of retum is 10% Click the icon to view the comparative batance shoot.) Click the loon 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 electing the formula to calculate ratum on investment (ROI), and then enter the amounts to calculate the company's ROI. (Round your calculations to four decimal pa X.XX%) ROI Choose from any list or enter any number in the input fields and then click Check Answer 1 X Data Table Money Safe, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 place 2018 2017 Assets Cash 70,000 $ 58,000 Accounts Receivable 55,200 23,800 Supplies 4,800 4,200 Property, Plant, and Equipment, net 310,000 214,000 Patents, net 147,000 113,000 Total Assets $ 587,000 $ 413,000 Liabilities and Stockholders' Equity Accounts Payable $ 23,000 $ 25,000 Short-term Notes Payable 142,000 48,000 Long-term Notes Payable 190,000 120,500 Common Stock, no Par 214,000 212,000 Retained Earnings 18,000 7,500 Total Liabilities and Stockholders' Equity $ 587,000 $ 413,000 Print nd the Done Click the icon to view the income statement.) - Data Table rs to four and then decimal pla RO Money Safe, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 2,000,000 Cost of Goods Sold 1,650,000 Gross Profit 350,000 Operating Expenses 250,000 Operating Income 100,000 Other Income and (Expenses): Interest Expense (18,000) Income Before Income Tax Expense 82,000 Income Tax Expense 28,700 Net Income 53,300 Print Done then click Check Answer. - 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 ck Ane

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