BCD Enterprises reports the following financial data:

Income Statement for the Year Ended December 31, 2023

• Total Revenue: $1,400,000
• Cost of Goods Sold: $800,000
• Gross Profit: $600,000
• Operating Expenses: $200,000
• Depreciation: $60,000
• Operating Income: $340,000
• Interest Expense: $40,000
• Taxes: $90,000
• Net Income: $210,000

Balance Sheet as of December 31, 2023

• Assets:
  • Cash: $70,000
  • Accounts Receivable: $150,000
  • Inventory: $100,000
  • Property, Plant, and Equipment (Net): $300,000
  • Total Assets: $620,000
• Liabilities:
  • Accounts Payable: $80,000
  • Short-term Debt: $70,000
  • Long-term Debt: $100,000
  • Total Liabilities: $250,000
• Equity:
  • Common Stock: $220,000
  • Retained Earnings: $150,000
  • Total Equity: $370,000

Required:

1. Calculate the net profit margin for BCD Enterprises.
2. Determine the quick ratio.
3. Find the debt ratio.
4. Compute the return on equity (ROE).
5. Assess the inventory turnover ratio.