ABC Company is a manufacturing firm, and you, as a financial analyst, are tasked with evaluating its profitability using various financial ratios. Below are relevant financial data for the fiscal year: Net Sales: $$5,000,000$ Cost of Goods Sold $($COGS$)$: $$2,500,000$ Gross Profit: $$2,500,000$ Operating Expenses: $$1,200,000$ Operating Income: $$1,300,000$ Other Income: $$100,000$ Interest Expense: $$50,000$ Income Tax Expense: $$250,000$Required:$1.$ Calculate the following profitability ratios for ABC Company: Gross Profit Margin Operating Profit Margin Net Profit Margin Return on Assets $($ROA$)$ Return on Equity $($ROE$)2.$ Interpret the results and provide insights into ABC Company's profitability. Discuss the significance of each ratio and how they reflect the company's financial health.