1. For Alpha Industries, the financial details are as follows:

• Revenue: $20 million
• Cost of Goods Sold: $12 million
• Operating Expenses: $5 million
• Net Income: $2 million
• Total Assets: $25 million
• Total Liabilities: $10 million

Requirements:

• Calculate the gross profit.
• Determine the operating profit.

Compute the return on assets (ROA) and the current ratio (assuming current liabilities are $3 million and current assets are $7 million).