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 Operating income - Average total assets 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. (Ent Operating income Net sales revenue Profit margin ratio % The company's profit margin ratio tells us that they earn of operating income 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. Net sales revenue Average total assets = Asset turnover ratio The company's asset turnover ratio explains how efficiently a company uses its The company is generating to generate with every $1.00 of of Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. First, select the expanded ROI formula Profit margin ratio Asset turnover ratio ROI Using the expanded formula, the ROI for Money Safe, 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). RI The RI for Money Safe, Inc. is Money Safe, Inc. is management's target rate of return Money Safe, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 2018 2017 Assets Cash $ 71,000 $ 59,000 Accounts Receivable 56,200 24,800 Supplies 3,800 3,200 Property, Plant, and Equipment, net 308,000 213,000 Patents, net 149,000 112,000 Total Assets $ 588,000 $ 412,000 Liabilities and Stockholders' Equity Accounts Payable $ 24,000 $ 26,000 Short-term Notes Payable 143,000 49,000 Long-term Notes Payable 191,000 121,500 Common Stock, no Par 211,000 207.000 Retained Earnings 19,000 8,500 Total Liabilities and Stockholders' Equity 588,000 $ 412,000 Money Safe, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 3,000,000 Cost of Goods Sold 2,650,000 Gross Profit 350,000 Operating Expenses 50,000 Operating Income 300,000 Other Income and (Expenses): Interest Expense (29,000) Income Before Income Tax Expense 271,000 Income Tax Expense 94,850 Net Income 176,150 $