Company: DEF Enterprises

Financial Data for 2023 (in $000):

Item	Amount
Cash	30,000
Accounts Receivable	35,000
Inventory	25,000
Prepaid Expenses	5,000
Total Current Assets	95,000
Property, Plant & Equipment	150,000
Total Assets	245,000
Accounts Payable	25,000
Short-term Debt	20,000
Other Current Liabilities	10,000
Total Current Liabilities	55,000
Long-term Debt	90,000
Equity	100,000
Total Liabilities and Equity	245,000

Income Statement for 2023 (in $000):

Item	Amount
Sales	400,000
Cost of Goods Sold	250,000
Gross Profit	150,000
Operating Expenses	70,000
Interest Expense	15,000
Net Income Before Taxes	65,000
Taxes	13,000
Net Income	52,000

Requirements:

1. Calculate the Current Ratio and Quick Ratio.
2. Compute the Debt-Equity Ratio.
3. Determine the Gross Profit Margin and Net Profit Margin.
4. Calculate the Asset Turnover Ratio and Inventory Turnover Ratio.
5. Explain how operational efficiency is reflected in the turnover ratios.