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Coca-Cola Company provided the following financial data for the quarter ending March 31, 2024: Total assets: $12,000,000 Total liabilities: $7,000,000 Total equity: $5,000,000 Net income:
Coca-Cola Company provided the following financial data for the quarter ending March 31, 2024:
- Total assets: $12,000,000
- Total liabilities: $7,000,000
- Total equity: $5,000,000
- Net income: $2,500,000
- Sales revenue: $10,000,000
- Cost of goods sold: $6,000,000
- Operating expenses: $1,500,000
- Interest expense: $300,000
- Income tax expense: $400,000
Calculate the following ratios for Coca-Cola Company for the quarter ending March 31, 2024:
- Current ratio
- Debt-to-equity ratio
- Gross margin ratio
- Net profit margin ratio
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