The financial statements of LMN Ltd. for the year ended December 31, 2023, are presented below:

• Total Assets: $700,000
• Total Liabilities: $400,000
• Shareholders' Equity: $300,000
• Net Income: $60,000
• Dividends Paid: $25,000
• Total Revenue: $300,000
• Cost of Goods Sold: $120,000
• Operating Expenses: $100,000
• Interest Expense: $8,000
• Tax Expense: $7,000

Required:

1. Calculate the debt to total assets ratio.
2. Determine the fixed charge coverage ratio.
3. Compute the inventory turnover ratio.
4. Calculate the return on investment (ROI).
5. Determine the earnings before taxes (EBT).
6. Discuss the financial position and efficiency of LMN Ltd.