PepsiCo, Inc. has reported the following financial data for its Frito-Lay North America segment for the fiscal year ending December 31, Year 5.

Income Statement for Year Ended December 31, Year 5

• Net sales: $700,000
• Cost of goods sold: $420,000
• Gross profit: $280,000
• Operating expenses: $120,000
• Selling expenses: $50,000
• Depreciation expense: $30,000
• Operating income: $80,000
• Interest expense: $15,000
• Other income: $5,000
• Net income: $70,000

Balance Sheet as of December 31, Year 5 Assets

• Cash: $150,000
• Accounts receivable: $180,000
• Inventory: $200,000
• Property, plant, and equipment (net): $300,000
• Other assets: $70,000
• Total assets: $900,000

Liabilities

• Accounts payable: $70,000
• Short-term debt: $60,000
• Long-term debt: $200,000
• Stockholders' equity: $570,000
• Total liabilities and stockholders' equity: $900,000

Required:

1. Calculate the gross profit margin.
2. Determine the operating income percentage.
3. Compute the return on equity (ROE).
4. Find the quick ratio.
5. Calculate the debt to equity ratio.