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Coca-Cola Company provided the following financial data for the quarter ending March 31, 2024: Total assets: $12,000,000 Total liabilities: $7,000,000 Total equity: $5,000,000 Net income:

Coca-Cola Company provided the following financial data for the quarter ending March 31, 2024:

  • Total assets: $12,000,000
  • Total liabilities: $7,000,000
  • Total equity: $5,000,000
  • Net income: $2,500,000
  • Sales revenue: $10,000,000
  • Cost of goods sold: $6,000,000
  • Operating expenses: $1,500,000
  • Interest expense: $300,000
  • Income tax expense: $400,000

Calculate the following ratios for Coca-Cola Company for the quarter ending March 31, 2024:

  1. Current ratio
  2. Debt-to-equity ratio
  3. Gross margin ratio
  4. Net profit margin ratio 

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