Company: Adobe Inc.
 Data for the year ended December 31, 2023:

Item	Amount
Revenue	$15,000,000,000
Cost of Goods Sold	$3,000,000,000
Operating Expenses	$7,000,000,000
Income Tax Expense	$2,000,000,000
Net Income	$3,000,000,000
Total Assets	$40,000,000,000
Total Liabilities	$20,000,000,000
Shareholders' Equity	$20,000,000,000

Requirements:

1. Calculate Adobe's gross profit margin.
2. Determine Adobe's operating profit margin.
3. Analyze the impact of income tax expense on Adobe's net income.
4. Evaluate how Adobe recognizes revenue from software subscriptions.
5. Explain the significance of the Income Measurement Objective in Adobe's financial reporting.
6. Discuss Adobe's debt-to-equity ratio and liquidity position.
7. Analyze the impact of Adobe's financial performance on its digital media and digital experience segments.