Company: VWX Pharmaceuticals

Financial Data for 2023 (in $000):

Item	Amount
Cash	45,000
Accounts Receivable	40,000
Inventory	35,000
Prepaid Expenses	10,000
Total Current Assets	130,000
Property, Plant & Equipment	170,000
Total Assets	300,000
Accounts Payable	35,000
Short-term Debt	25,000
Other Current Liabilities	15,000
Total Current Liabilities	75,000
Long-term Debt	90,000
Equity	135,000
Total Liabilities and Equity	300,000

Income Statement for 2023 (in $000):

Item	Amount
Sales	600,000
Cost of Goods Sold	360,000
Gross Profit	240,000
Operating Expenses	110,000
Interest Expense	30,000
Net Income Before Taxes	100,000
Taxes	20,000
Net Income	80,000

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 the significance of profitability ratios in assessing company performance.