1. Imagine you are the financial analyst for TechGadgets Inc., a company that produces consumer gadgets. For the year ending 2023, the company reported the following figures: revenue of $14 million, cost of goods sold of $7 million, operating expenses of $4 million, and net income of $2 million. The total assets at the end of the year were $15 million, and the total liabilities were $5 million.

Calculate the gross profit margin and operating profit margin. Determine the return on assets (ROA). Compute the current ratio given that the current assets are $5 million and current liabilities are $2 million.