Question
Alibaba Group Holding Limited reported the following income statement for the year ended March 31, 2023: Item Amount (in millions) Revenue $119,646 Cost of Revenue
Alibaba Group Holding Limited reported the following income statement for the year ended March 31, 2023:
Item | Amount (in millions) |
Revenue | $119,646 |
Cost of Revenue | $68,234 |
Gross Profit | $51,412 |
Operating Expenses | $27,816 |
Operating Income | $23,596 |
Interest Expense | $872 |
Income Before Taxes | $22,724 |
Income Tax Expense | $5,891 |
Net Income | $16,833 |
a. Compute Alibaba Group Holding Limited's gross profit margin. b. Determine the operating income margin for Alibaba Group Holding Limited. c. Discuss the impact of Alibaba Group Holding Limited's interest expense on its profitability. d. Analyze the effective tax rate of Alibaba Group Holding Limited and its implications for global operations.
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