Data table Money Safe, Inc. Income Statement For the Year Ended December 31, 2024 Net Sales Revenue $ 4,500,000 Cost of Goods Sold 2,300,000 Gross Profit 2,200,000 1,750,000 450,000 Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Income Before Income Tax Expense Income Tax Expense (41,000) 409,000 143,150 Net Income $ 265,850 Data table Money Safe, Inc. Comparative Balance Sheet As of December 31, 2024 and 2023 2024 2023 Assets Cash 69,000 $ 57,000 Accounts Receivable 54,200 22,800 Supplies 5,800 5,200 312,000 215,000 Property, Plant, and Equipment, net Patents, net 145,000 114,000 Total Assets $ 586,000 $ 414,000 24,000 Liabilities and Stockholders' Equity Accounts Payable $ 22,000 $ Short-term Notes Payable 141,000 Long-term Notes Payable 189,000 47,000 119,500 Common Stock, no Par 217,000 217,000 Retained Earnings 17,000 6,500 Total Liabilities and Stockholders' Equity $ 586,000 $ 414,000 Consider the following condensed financial statements of Money Safe, Inc. The company's target rate of return is 20%: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) Requirement 1. Calculate the company's ROI. Round all of your answers to four decimal places. Begin by selecting the formula calculate return on investment (ROI), and then enter the amounts X.XX%) calculate the company's ROI. (Round your calculations to four decimal places and enter your final to the nearest hundredth of a percent, ROI 1% 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 eam 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 The company's asset turnover ratio explains how officiently a company uses its The company is generating of to generale 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 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