Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alphabet Inc. reported the following figures for the year ending December 31, 2023: Total Revenue: $260.4 billion Cost of Sales: $112.8 billion Operating Expenses: $85.6

Alphabet Inc. reported the following figures for the year ending December 31, 2023:

  • Total Revenue: $260.4 billion
  • Cost of Sales: $112.8 billion
  • Operating Expenses: $85.6 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $45 billion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

25th edition

978-1285069609, 1285069609, 978-1133607601

More Books

Students also viewed these Accounting questions

Question

What community placements are available for practica?

Answered: 1 week ago