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Caterpillar Inc. is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via
Caterpillar Inc. is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. For the quarter ended March 31, 20X8, the company provided the following financial details:
- Total revenue: $22,000,000
- Cost of goods sold: $9,000,000
- Selling and administrative expenses: $5,000,000
- Other operating expenses: $2,500,000
- Income tax expense: $3,500,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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