BCD Corporation has the following financial information:

• Revenue: $1,500,000
• Cost of Goods Sold: $900,000
• Operating Expenses: $400,000
• Tax Rate: 30%

Requirements:

1. Calculate the gross profit.
2. Calculate the operating profit.
3. Calculate the net income.
4. Compute the gross profit margin.
5. Assess the company’s net profit margin compared to an industry average of 8%.