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Caterpillar Inc. reported the following for 2023: total revenue of $70 billion, cost of goods sold of $40 billion, operating expenses of $20 billion, interest
Caterpillar Inc. reported the following for 2023: total revenue of $70 billion, cost of goods sold of $40 billion, operating expenses of $20 billion, interest expense of $3 billion, and tax expense of $4 billion. The total assets were $120 billion, and total liabilities were $50 billion.
- Calculate the operating profit margin.
- Determine the net profit margin.
- Compute the interest coverage ratio.
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