XYZ Ltd. provides the following details for the year ending 31-12-2021:

Balance Sheet:

Cash: $2,00,000

Accounts Receivable: $4,50,000

Inventory: $7,50,000

Prepaid Expenses: $30,000

Short-term Investments: $4,00,000

Liabilities and Equity:

Accounts Payable: $5,80,000

Short-term Loans: $2,20,000

Long-term Debt: $7,50,000

Common Stock: $11,20,000

Retained Earnings: $6,40,000

Income Statement for the year ending 31-12-2021:

Sales: $48,00,000

Cost of Goods Sold: $28,00,000

Operating Expenses: $7,00,000

Interest Expense: $1,50,000

Tax Rate: 30%

Requirements:

Calculate the quick ratio.

Calculate the debt to equity ratio.

Calculate the return on equity.

Calculate the gross profit margin.

Calculate the average collection period (assuming 365 days in a year).