LMN Ltd's Financial Data as of 30 September 2026:

• Balance Sheet:
  • Cash: $160,000
  • Accounts Receivable: $520,000
  • Inventory: $540,000
  • Total Current Assets: $1,220,000
  • Property, Plant, and Equipment: $2,780,000
  • Total Assets: $4,000,000
• Liabilities and Equity:
  • Current Liabilities: $820,000
  • Long-term Debt: $1,880,000
  • Total Liabilities: $2,700,000
  • Equity: $1,300,000
  • Total Liabilities and Equity: $4,000,000

Income Statement for the Nine Months Ended 30 September 2026:

• Sales: $3,800,000
• Cost of Goods Sold: $2,280,000
• Gross Profit: $1,520,000
• Operating Expenses: $720,000
• Operating Profit: $800,000
• Interest Expense: $150,000
• Net Profit Before Tax: $650,000
• Tax @ 25%: $162,500
• Net Profit: $487,500

Requirements:

1. Calculate the current ratio.
2. Compute the debt-to-equity ratio.
3. Evaluate the gross profit margin.
4. Determine the net profit margin.
5. Assess the return on assets (ROA).