On january 1, year 3, ruiz company spent $850 on a plant asset to improve its quality. the asset had been purchased on january 1, year 1 for $8,400 and had an estimated salvage value of $1,200 and a useful life of five years. ruiz uses the straight-line depreciation method. which of the following correctly shows the effects of the year 3 expenditure on the financial statements?

Consider the following condensed financial statements of money freedom comma inc. the company's target rate of return is 30%: (click the icon to view the comparative balance sheet.) (click the icon to view the income statement.) 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. 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 answer as a percent, x.xx%)