QUESTIONS:

Using the information provided, calculate this firms (short simple answers that are one or two sentences):

1) ROA

2) ROE

3) Gross Profit Margin

4) Quick Ratio

5) If this firms WACC is 6.6% and the average firm in its industry has an ROA of 8%, is this firm earning above or below normal economic performance and above or below average accounting performance?

FINANCIAL DATA:

Net Sales	6,134
Cost of Goods Sold	(4438)
Selling, General Admin. Expense	(996)
Other Expenses	(341)
Interest Income	72
Interest Expense	(47)
Provision for Taxes	(75)
Other Income	245
Net Income	554
Operating Cash	3,226
Accounts Receivable	681
Inventories	20
Other Current Assets	0
Total Current Assets	3,927
Gross Prop., Plant, Equip.	729
Accumulated Depreciation	(411)
Book Value of Fixed Assets	318
Goodwill	0
Net Other Operating Assets	916
Total Assets	5,161

Net Current Liabilities	1,549
Long Term Debt	300
Deferred Income Taxes	208
Preferred Stock	0
Retained Earnings	0
Common Stock	3,104
Other Liabilities	0
Total Liabilities and Equity	5,161

ANSWERS:

1) ROA =

2) ROE =

3) Gross Profit Margin =

4) Quick Ratio =

(Provide Answer and Explanation)