4. Income Statement and Profitability Ratios

Analyze the following income statement of PQR Inc. for the year 2023:

Particulars	Amount (in $ thousand)
Sales Revenue	10,000
Cost of Goods Sold	6,000
Gross Profit	4,000
Operating Expenses	2,000
Operating Profit	2,000
Interest Expense	200
Tax Expense	300
Net Profit	1,500

Requirements:

1. Calculate the Gross Profit Margin.
2. Determine the Operating Profit Margin.
3. Compute the Net Profit Margin.
4. Assess the company's Earnings Before Interest and Taxes (EBIT).
5. Evaluate the company's profitability using the Return on Sales (ROS) ratio.