The following financial details are provided for the Clark Division of HIJ Corporation for the year ended December 31, Year 14:

Clark Division Income Statement

Description	Amount ($)
Sales revenue	1,350,600
Cost of goods sold	788,400
Gross margin	562,200
Operating expenses	325,600
Depreciation expense	70,000
Operating income	166,600
Nonoperating items	43,200
Loss on sale of equipment	(15,300)
Net income	194,500

Clark Division Balance Sheet

Assets	Amount ($)
Cash	125,300
Accounts receivable	270,800
Merchandise inventory	230,400
Equipment less accumulated depreciation	370,000
Total assets	996,500

Liabilities and Stockholders' Equity	Amount ($)
Accounts payable	180,200
Notes payable	82,400
Stockholders' equity	733,900
Total liabilities and stockholders' equity	996,500

Required:

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