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Please answer according to the form and make sure your answer is correct. thanks!!!!!I appreciate it Data table Data table INGI ET VE 2024 2023

Please answer according to the form and make sure your answer is correct.

thanks!!!!!I appreciate it

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Data table Data table INGI ET VE 2024 2023 Assets Money Freedom, Inc. Cash $ 66,000 $ 54,000 Income Statement Accounts Receivable 51,200 19,800 For the Year Ended December 31, 2024 3,000 2,400 Net Sales Revenue $ 1,500,000 Supplies Property, Plant, and Equipment, net Patents, net 323.800 223,800 Cost of Goods Sold 700,000 139,000 117,000 Gross Profit 800,000 $ Total Assets 583,000 $ 417,000 500,000 300,000 Liabilities and Stockholders' Equity $ 19,000 $ 21,000 Accounts Payable Short-term Notes Payable Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Income Before Income Tax Expense Income Tax Expense 138,000 44,000 (1,700) 298,300 186,000 116,500 Long-term Notes Payable Common Stock, no Par 226,000 232,000 104,405 $ Retained Earnings 14,000 3,500 Net Income 193,895 Total Liabilities and Stockholders' Equity $ 583,000 $ 417,000 Print Done Print Done Consider the following condensed financial statements of Money Freedom, Inc. The company's target rate of return is 20%: B (Click the icon to view the comparative balance sheet.) E (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 decimal places and enter your final to the nearest hundredth of a percent, X.XX%) ROI % 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, X.XX%) Profit margin ratio % The company's profit margin ratio tells us that they earn of for every dollar of Requirement 3. Calculate the company's asset turnover ratio. Interpret your results. 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 = to generate The company's asset turnover ratio explains how efficiently a company uses its The company is generating of 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. = ROI Using the expanded formula, the Rol for Money Freedom, Inc. is %. 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 with 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). x = RI The RI for Money Freedom, Inc. is Money Freedom, Inc. is management's target rate of return

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