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TUV Inc., an energy company, presents the following financial figures for the fiscal year ended June 30, 2024: Total Revenue: $30,000,000 Cost of Goods Sold:


TUV Inc., an energy company, presents the following financial figures for the fiscal year ended June 30, 2024:

Total Revenue: $30,000,000

Cost of Goods Sold: $18,000,000

Operating Expenses: $8,000,000

Depreciation Expense: $1,000,000

Interest Expense: $400,000

Income Tax Expense: $800,000

Current Assets: $7,000,000

Current Liabilities: $3,000,000

Total Assets: $20,000,000

Total Liabilities: $10,000,000

Requirements:

Prepare a comprehensive income statement for TUV Inc. for the fiscal year ended June 30, 2024.

Calculate the operating profit margin.

Determine the net income.

Compute the current ratio.

Calculate the return on assets (ROA).

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