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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:

  1. Calculate the Return on Assets (ROA).
  2. Determine the Return on Equity (ROE).
  3. Compute the Current Ratio.
  4. Evaluate the Asset Turnover Ratio.
  5. Analyze the overall financial health of GHI Corporation based on these ratios.

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