Based on the Information provided, please find all the requirements. Please don't forget to show the equation so I can understand how you used the numbers, but make it as simple as you can! Thanks

Income statement

Total Revenue: $$500,000$

COGS: $$300,000$

Gross profit: $$200,000$

Operating expense: $$50,000$

Operating income: $$150,000$

Interest Expense: $$5,000$

Net Income: $$145,000$

Question: Estimate the following ratios

ROA,

ROE,

Debt$/$equity ratio,

interest coverage ratio,

inventory turnover ratio,

receivable turnover ratio,

current ratio,

quick ratio

Balance sheet

Current Assets:

Cash: $$50,000$

Accounts Receivable: $$80,000$

Inventory: $$30,000$

Long$-$term Assets:

Property, Plant & Equipment: $$90,000$

Total Assets: $$250,000$

Current Liabilities:

Accounts Payable: $$20,000$

Short$-$term Debt: $$15,000$

Total Current Liabilities: $$35,000$

Long$-$term Debt: $$60,000$

Shareholders' Equity: $$155,000$

Total Liabilities and Equity: $$250,000$