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Cisco Systems, Inc. reported the following financial details for 2023. They had a total revenue of $55 billion, with a cost of goods sold amounting
Cisco Systems, Inc. reported the following financial details for 2023. They had a total revenue of $55 billion, with a cost of goods sold amounting to $30 billion. Their operating expenses were $15 billion, and they incurred an interest expense of $2 billion and a tax expense of $4 billion. The total assets of the company stood at $90 billion while the total liabilities were $40 billion.
- Calculate the gross profit margin.
- Determine the operating profit margin.
- Compute the interest coverage ratio.
- Determine the return on equity (ROE).
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