1. The following information pertains to XYZ Company:

   • Total assets: $500,000
   • Total liabilities: $200,000
   • Shareholders' equity: $300,000
   • Net income: $50,000
   • Total revenues: $300,000
   • Total expenses: $250,000

   Calculate the following: a) Current ratio b) Debt-to-equity ratio c) Return on assets d) Gross profit margin

Answer rating: 100% (QA)

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