Microsoft's summarized financial statements for the year ended June 30, 2023, are as follows:

Income Statement:

Total Sales: $1,000,000

Cost of Sales: $700,000

Operating Expenses: $250,000

Income Tax: $20,000

Net Income: $30,000

Balance Sheet:

Cash: $120,000

Accounts Receivable: $150,000

Inventory: $180,000

Fixed Assets: $350,000

Current Liabilities: $180,000

Long-term Liabilities: $220,000

Shareholders’ Equity: $400,000

Compute the gross profit margin.

Calculate the return on assets (ROA).

Determine the quick ratio.

Find the return on equity (ROE).