Stellar Software Solutions develops business applications. In 2024, the company had revenue of $8 million, a cost of goods sold of $4 million, and operating expenses totaling $2.5 million. The company’s total assets were $10 million, and its total liabilities were $4 million.
oCompute the gross profit margin.
oCalculate the return on equity (ROE).
oDetermine the equity multiplier.