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Citigroup Data for the year ended December 31, 2023: Item Amount Total Assets $2,000,000,000 Total Liabilities $1,500,000,000 Shareholders' Equity $500,000,000 Revenue $900,000,000 Operating Expenses
Citigroup
Data for the year ended December 31, 2023:
Item | Amount |
Total Assets | $2,000,000,000 |
Total Liabilities | $1,500,000,000 |
Shareholders' Equity | $500,000,000 |
Revenue | $900,000,000 |
Operating Expenses | $600,000,000 |
Requirements:
- Calculate Citigroup's debt-to-equity ratio.
- Determine Citigroup's net profit margin.
- Analyze the impact of total assets on Citigroup's financial leverage.
- Discuss how Citigroup recognizes revenue from financial services.
- Evaluate Citigroup's financial health using the interest coverage ratio.
- Explain the role of the Income Measurement Objective in Citigroup’s financial planning and strategic growth.
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