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Analyze the income statement data of Microsoft Corporation for the quarter ending March 31, 2024, as shown in the table below. Answer the following questions:
Analyze the income statement data of Microsoft Corporation for the quarter ending March 31, 2024, as shown in the table below. Answer the following questions:
Metric | Value (in millions) |
Revenue | $50,000 |
Cost of Goods Sold | $15,000 |
Gross Profit | |
Operating Expenses | $20,000 |
Net Income | $10,000 |
Research & Development | $5,000 |
Sales & Marketing | $6,000 |
General & Admin | $4,000 |
Requirements:
- Calculate the Gross Profit for Microsoft Corporation.
- Determine the Gross Profit Margin as a percentage of revenue.
- Compute the Operating Income for Microsoft Corporation.
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