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GHI Corporation provided the following financial data: Item Amount ($) Net Income 200,000 Total Assets 1,500,000 Total Equity 900,000 Sales Revenue 1,000,000 Current Assets 400,000
GHI Corporation provided the following financial data:
Item | Amount ($) |
Net Income | 200,000 |
Total Assets | 1,500,000 |
Total Equity | 900,000 |
Sales Revenue | 1,000,000 |
Current Assets | 400,000 |
Current Liabilities | 200,000 |
Requirements:
- Calculate the Return on Assets (ROA).
- Determine the Return on Equity (ROE).
- Compute the Current Ratio.
- Evaluate the Asset Turnover Ratio.
- Analyze the overall financial health of GHI Corporation based on these ratios.
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