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The following financial data is provided for RST Retail Chain for the fiscal year 2023: Item Amount ($) Sales Revenue 6,000,000 Cost of Goods Sold
The following financial data is provided for RST Retail Chain for the fiscal year 2023:
Item | Amount ($) |
Sales Revenue | 6,000,000 |
Cost of Goods Sold | 3,600,000 |
Operating Expenses | 1,400,000 |
Interest Expense | 120,000 |
Income Tax Expense | 210,000 |
Net Income | 670,000 |
Total Assets | 7,500,000 |
Total Liabilities | 3,000,000 |
Total Equity | 4,500,000 |
Requirements:
- Calculate the Gross Profit Margin.
- Determine the Operating Profit Margin.
- Compute the Net Profit Margin.
- Calculate the Return on Assets (ROA).
- Compute the Return on Equity (ROE).
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