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Analyze the following income statement for Microsoft Corporation for the fiscal year ended June 30, 2023. Microsoft Corporation 2023 Sales $211,915 Cost of Goods Sold

Analyze the following income statement for Microsoft Corporation for the fiscal year ended June 30, 2023.

Microsoft Corporation

2023

Sales

$211,915

Cost of Goods Sold

$96,743

Gross Profit

$115,172

Operating Expenses

$57,438

Net Income

$72,040

Requirements:

  1. Calculate the gross profit margin.
  2. Calculate the operating profit margin.
  3. Calculate the net profit margin.
  4. Provide a brief analysis of Microsoft Corporation's profitability.

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