Coca-Cola Company has released financial statements for its Bottling Investments segment for the year ending December 31, Year 4.

Income Statement for Year Ended December 31, Year 4

• Revenue: $600,000
• Cost of goods sold: $360,000
• Gross profit: $240,000
• Operating expenses: $100,000
• Advertising expenses: $40,000
• Depreciation expense: $20,000
• Operating income: $80,000
• Interest expense: $10,000
• Other income: $8,000
• Net income: $78,000

Balance Sheet as of December 31, Year 4 Assets

• Cash: $110,000
• Accounts receivable: $130,000
• Inventory: $160,000
• Property, plant, and equipment (net): $280,000
• Other assets: $50,000
• Total assets: $730,000

Liabilities

• Accounts payable: $60,000
• Short-term debt: $50,000
• Long-term debt: $150,000
• Stockholders' equity: $470,000
• Total liabilities and stockholders' equity: $730,000

Required:

1. Compute the gross profit margin.
2. Calculate the operating profit margin.
3. Determine the return on assets (ROA).
4. Find the current ratio.
5. Compute the debt to equity ratio.