Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Balance sheet and income statement summary for Procter & Gamble as of June 30, 2023: Total Revenue: $80 billion Cost of Goods Sold: $50 billion
Balance sheet and income statement summary for Procter & Gamble as of June 30, 2023:
- Total Revenue: $80 billion
- Cost of Goods Sold: $50 billion
- Operating Expenses: $20 billion
- Interest Expense: $1 billion
- Net Income: $7 billion
- Total Assets: $90 billion
- Total Equity: $40 billion
Using the above figures, determine:
- Gross Profit Margin.
- Operating Profit Margin.
- Net Profit Margin.
- Return on Assets (ROA).
- Return on Equity (ROE).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started