# Consider the following condensed financial statements of Safe Money comma Inc.Safe Money, Inc. The?

Consider the following condensed financial statements of Safe Money comma Inc.Safe Money, Inc. The​ company&#39;s target rate of return is 1

Requirement 1. Calculate the​ company&#39;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&#39;s ROI. ​(Round your calculations to four decimal places and enter your final to the nearest hundredth of a​ percent, X.XX%)

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i Data Table Safe Money, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue \$ 1,000,000 Cost of Goods Sold 600,000 Gross Profit 400,000 300,000 Operating Expenses Operating Income 100,000 Other Income and (Expenses) Interest Expense (1,500) Income Before Income Tax Expense 98,500 Income Tax Expense 34,475 \$ 64,025 Net Income Print Done Data Table 2017 Safe Money, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 2018 Assets Cash \$ 67,000 \$ Accounts Receivable 52,200 Supplies 4,000 Property, Plant, and Equipment, net 319,800 Patents, net 141,000 \$ 584,000 \$ Total Assets Liabilities and Stockholders&#39; Equity Accounts Payable \$ 20,000 \$ Short-term Notes Payable 139.000 Long-term Notes Payable 187,000 Common Stock, no Par 223,000 Retained Earnings 15,000 Total Liabilities and Stockholders&#39; Equity \$ 584,000 \$ 55,000 20,800 3,400 220,800 116,000 416,000 22,000 45,000 117,500 227,000 4,500 416,000 Print Done 0 Requirements 1. 3. 4. Calculate the company&#39;s ROI. Round all of your answers to four decimal places. Calculate the company&#39;s profit margin ratio. Interpret your results. Calculate the company&#39;s asset turnover ratio. Interpret your results. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. Calculate the company&#39;s RI. Interpret your results. 5. Print Done

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