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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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