Below is the financial data for HP Inc.'s Printing Division for the fiscal year ending December 31, Year 16:

Income Statement:

• Sales revenue: $2,800,000
• Cost of goods sold: $1,600,000
• Gross profit: $1,200,000
• Operating expenses: $400,000
• Depreciation: $100,000
• Operating income: $700,000
• Interest expense: $60,000
• Gain on sale of investments: $40,000
• Net income: $680,000

Balance Sheet:

• Cash: $250,000
• Accounts receivable: $300,000
• Inventory: $350,000
• Property, plant, and equipment (net): $600,000
• Total assets: $1,500,000
• Accounts payable: $200,000
• Long-term debt: $300,000
• Stockholders' equity: $1,000,000
• Total liabilities and equity: $1,500,000

Requirements:

1. Calculate the ROI for HP Inc.'s Printing Division.
2. Evaluate the gross profit percentage.
3. Determine the effect of the gain on sale of investments on net income.
4. Compute the quick ratio.
5. Assess the impact of interest expense on net income.