Given the following information:

Revenues: $18 million Average Inventory: $6 million

Liabilities: $10 million Average A/R: $2 million

Total Expenses: $7 million Average Fixed Assets: $10 million

Cost of Goods Sold: $3 million Accounts Payables: $4 million

Assume no other assets or liabilities exist beyond what is articulated above:

1. Compute Net Profit Margin
2. Compute Total Asset Turnover
3. Compute Return on Equity (ROE)
4. Compute Inventory Turnover
5. How much equity would have to be swapped out for debt to increase ROE by 1% assuming that nothing else changes?
6. What is the firms sustainable growth rate if dividends are equal to $0.5 million?