Given the following financial data for a company:

• Net Sales: $6,000,000
• Cost of Goods Sold: $2,500,000
• Average Inventory: $400,000
• Total Current Assets: $1,200,000
• Total Current Liabilities: $500,000
• Total Assets: $3,000,000
• Total Liabilities: $1,200,000
• Net Income: $900,000
• Shareholders’ Equity: $1,800,000

a. Calculate the Inventory Turnover Ratio and discuss its implications for inventory management efficiency. b. Compute the Current Ratio and explain its significance in assessing short-term liquidity. c. Analyze the Return on Equity (ROE) and discuss its role in evaluating profitability relative to shareholder investment.