Using the financial information for LMN Corporation for the year ended December 31, 2023:

• Total Assets: $700,000
• Total Liabilities: $400,000
• Shareholders' Equity: $300,000
• Net Income: $40,000
• Dividends Paid: $15,000
• Total Revenue: $400,000
• Cost of Goods Sold: $180,000
• Operating Expenses: $100,000
• Interest Expense: $6,000
• Tax Expense: $9,000

Required:

1. Calculate the debt equity ratio.
2. Determine the operating cash flow.
3. Compute the gross profit ratio.
4. Calculate the net profit margin.
5. Determine the earnings per share (EPS) considering 15,000 shares outstanding.
6. Analyze the financial performance and solvency of LMN Corporation.