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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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