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Below is a summary of the financial statements for JPMorgan Chase as of December 31, 2023: Income Statement: Sales Revenue: $3,800,000 Cost of Goods Sold:

Below is a summary of the financial statements for JPMorgan Chase as of December 31, 2023:

Income Statement:

Sales Revenue: $3,800,000

Cost of Goods Sold: $3,000,000

Operating Expenses: $1,400,000

Income Tax: $140,000

Net Income: -$740,000 (Net Loss)

Balance Sheet:

Cash: $380,000

Receivables: $700,000

Inventory: $750,000

Fixed Assets: $1,500,000

Current Liabilities: $640,000

Long-term Liabilities: $800,000

Shareholders’ Equity: $1,860,000

Calculate the current ratio.

Determine the return on equity (ROE).

Find the debt-to-equity ratio.

Compute the net profit margin.

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