GHI Company has the following financial data for the year ending 31-12-2023:

Balance Sheet:

Cash: $1,80,000

Accounts Receivable: $3,50,000

Inventory: $6,50,000

Prepaid Expenses: $25,000

Short-term Investments: $2,80,000

Liabilities and Equity:

Accounts Payable: $4,20,000

Short-term Loans: $1,80,000

Long-term Debt: $5,60,000

Common Stock: $7,80,000

Retained Earnings: $4,05,000

Income Statement for the year ending 31-12-2023:

Sales: $40,00,000

Cost of Goods Sold: $26,00,000

Operating Expenses: $5,50,000

Interest Expense: $1,20,000

Tax Rate: 33%

Requirements:

Calculate the quick ratio.

Calculate the debt to equity ratio.

Calculate the return on equity.

Calculate the gross profit margin.

Calculate the average collection period (assuming 365 days in a year).