Given the financial details of XYZ Corporation for the year ended December 31, 2023:

• Total Assets: $600,000
• Total Liabilities: $300,000
• Shareholders' Equity: $300,000
• Net Income: $50,000
• Dividends Paid: $15,000
• Total Revenue: $300,000
• Cost of Goods Sold: $150,000
• Operating Expenses: $80,000
• Interest Expense: $5,000
• Tax Expense: $10,000

Required:

1. Calculate the debt to equity ratio.
2. Determine the return on assets (ROA).
3. Compute the gross profit margin.
4. Calculate the net profit margin.
5. Determine the earnings per share (EPS) assuming 10,000 shares outstanding.
6. Discuss the financial performance of XYZ Corporation based on the calculated ratios.