MNO Plc's Financial Statements as of 30 September 2024:

• Balance Sheet:
  • Cash: $130,000
  • Accounts Receivable: $570,000
  • Inventory: $600,000
  • Total Current Assets: $1,300,000
  • Property, Plant, and Equipment: $2,700,000
  • Total Assets: $4,000,000
• Liabilities and Equity:
  • Current Liabilities: $950,000
  • Long-term Debt: $1,550,000
  • Total Liabilities: $2,500,000
  • Equity: $1,500,000
  • Total Liabilities and Equity: $4,000,000

Income Statement for the Nine Months Ended 30 September 2024:

• 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: $120,000
• Net Profit Before Tax: $680,000
• Tax @ 27%: $183,600
• Net Profit: $496,400

Requirements:

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