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XYZ Corporation has provided the following financial data for the year 2023: Current Assets: $120,000 Current Liabilities: $80,000 Total Assets: $400,000 Total Liabilities: $250,000 Net

XYZ Corporation has provided the following financial data for the year 2023:

  • Current Assets: $120,000
  • Current Liabilities: $80,000
  • Total Assets: $400,000
  • Total Liabilities: $250,000
  • Net Income: $50,000
  • Sales: $300,000
  • Shareholders’ Equity: $150,000

Requirements:

  1. Calculate the current ratio.
  2. Compute the debt to equity ratio.
  3. Determine the return on assets (ROA).
  4. Calculate the return on equity (ROE).
  5. Compute the profit margin ratio.

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