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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:
- Calculate the gross profit margin.
- Calculate the operating profit margin.
- Calculate the net profit margin.
- Provide a brief analysis of Microsoft Corporation's profitability.
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