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BP plc reported the following financial information: Total assets: $284 billion Total liabilities: $186 billion Total equity: $98 billion Net income: $4.0 billion Total revenue:

BP plc reported the following financial information:

  • Total assets: $284 billion
  • Total liabilities: $186 billion
  • Total equity: $98 billion
  • Net income: $4.0 billion
  • Total revenue: $305 billion
  • Total expenses: $301 billion
  • Earnings per share (EPS): $1.20
  • Present the profit margin for BP plc in a comprehensive table format. Include the relevant financial figures such as net income and total revenue. Profit margin is a key financial metric that evaluates a company's profitability by measuring the percentage of revenue that translates into profit after accounting for all expenses. Given the financial data provided by BP plc for the specified period:
    • Net income: $4.0 billion
    • Total revenue: $305 billion Present the profit margin calculation in a clear table format, showcasing the formula and the resulting percentage. Discuss the implications of the profit margin value in assessing BP plc's profitability and financial health.

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