XYZ Corp's Financial Statements as of 31 December 2022:

	$
Cash	200,000
Accounts Receivable	500,000
Inventory	700,000
Total Current Assets	1,400,000
Fixed Assets	2,600,000
Total Assets	4,000,000

	$
Current Liabilities	600,000
Long-term Debt	1,200,000
Total Liabilities	1,800,000
Equity	2,200,000
Total Liabilities and Equity	4,000,000

Income Statement for the Year Ended 31 December 2022:

	$
Sales	3,000,000
Cost of Goods Sold	1,800,000
Gross Profit	1,200,000
Operating Expenses	600,000
Operating Profit	600,000
Interest Expense	100,000
Net Profit Before Tax	500,000
Tax @ 30%	150,000
Net Profit	350,000

Requirements:

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