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Berkshire Hathaway Inc. is a multinational conglomerate holding company. For the quarter ended March 31, 20X8, the company provided the following financial data: Total revenue:
Berkshire Hathaway Inc. is a multinational conglomerate holding company. For the quarter ended March 31, 20X8, the company provided the following financial data:
- Total revenue: $40,000,000
- Cost of goods sold: $15,000,000
- Selling and administrative expenses: $10,000,000
- Other operating expenses: $5,000,000
- Income tax expense: $8,000,000 Determine the company's net income, gross profit margin, operating income, and net profit margin.
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