Company: Adobe Inc.

Adobe Inc. released its financial report for the fiscal year ending November 30, 2023. The company recorded total revenue of $50 billion, with a cost of goods sold (COGS) of $20 billion and operating expenses of $15 billion. Net income stood at $10 billion. Given this data: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Analyze the return on equity (ROE) if shareholders' equity is $30 billion.