The following financial data relates to the Walker Division of PQR Corporation for the year ended December 31, Year 8:

Walker Division Income Statement

Description	Amount ($)
Sales revenue	740,200
Cost of goods sold	407,800
Gross margin	332,400
Operating expenses	185,700
Depreciation expense	42,000
Operating income	104,700
Nonoperating items	20,800
Loss on sale of land	(6,500)
Net income	119,000

Walker Division Balance Sheet

Assets	Amount ($)
Cash	58,200
Accounts receivable	145,600
Merchandise inventory	127,800
Equipment less accumulated depreciation	190,000
Total assets	521,600

Liabilities and Stockholders' Equity	Amount ($)
Accounts payable	80,400
Notes payable	38,200
Stockholders' equity	403,000
Total liabilities and stockholders' equity	521,600

Required:

1. Calculate the gross margin ratio for Walker Division.
2. Determine the return on assets (ROA) for Walker Division.
3. Compute the current ratio for Walker Division.
4. Evaluate the debt to equity ratio for Walker Division.
5. Assess the Walker Division’s operating margin.