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Calculate and interpret the following ratios for Alphabet Inc. based on the provided financial data for the year ended December 31, 2023. Item Amount ($)

Calculate and interpret the following ratios for Alphabet Inc. based on the provided financial data for the year ended December 31, 2023.

Item

Amount ($)

Current Assets

250,000

Inventory

70,000

Current Liabilities

120,000

Total Assets

900,000

Total Liabilities

350,000

Net Income

140,000

Shareholders' Equity

550,000

Question:

Using the given data, calculate the Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Return on Assets (ROA), and Return on Equity (ROE) for Alphabet Inc. for the year ended December 31, 2023. Provide an interpretation for each ratio.

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