Question 6:

A company’s financial performance needs to be evaluated based on the provided income statement and balance sheet data.

Income Statement
Sales Revenue	$500,000
Cost of Goods Sold	$300,000
Operating Expenses	$100,000
Interest Expense	$10,000
Tax Expense	$20,000
Net Income	$70,000

Balance Sheet
Total Assets	$600,000
Total Liabilities	$250,000
Shareholders' Equity	$350,000

Requirements:

1. Calculate the Gross Profit Margin.
2. Calculate the Operating Profit Margin.
3. Calculate the Net Profit Margin.
4. Calculate the Return on Assets (ROA).
5. Calculate the Return on Equity (ROE).