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The financial summary for Intel Corporation as of December 31, 2023, is provided below: Income Statement: Sales Revenue: $2,800,000 Cost of Goods Sold: $2,000,000 Operating


The financial summary for Intel Corporation as of December 31, 2023, is provided below:

Income Statement:

Sales Revenue: $2,800,000

Cost of Goods Sold: $2,000,000

Operating Expenses: $900,000

Income Tax: $90,000

Net Income: $10,000

Balance Sheet:

Cash: $280,000

Receivables: $450,000

Inventory: $500,000

Operational Assets: $1,000,000

Current Liabilities: $480,000

Long-term Debt: $550,000

Shareholders’ Equity: $1,200,000

Compute the return on assets (ROA).

Calculate the debt-to-equity ratio.

Determine the quick ratio.

Find the gross profit margin.

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