13.Imagine you are the financial analyst for Global Electronics Inc., a company that manufactures consumer electronics. For the year ending 2023, the company reported the following figures: revenue of $10 million, cost of goods sold of $6 million, operating expenses of $2.5 million, and net income of $1 million. The total assets at the end of the year were $12 million, and the total liabilities were $4 million.
Calculate the gross profit margin and operating profit margin. Determine the return on assets (ROA). Compute the current ratio given that the current assets are $3 million and current liabilities are $1.5 million.