Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company: Alibaba Group Holding Limited Alibaba Group Holding Limited disclosed its financial performance for the fiscal year ending March 31, 2024. The company reported total

Company: Alibaba Group Holding Limited

Alibaba Group Holding Limited disclosed its financial performance for the fiscal year ending March 31, 2024. The company reported total revenue of $150 billion, with a cost of goods sold (COGS) of $70 billion and operating expenses of $40 billion. Net income stood at $40 billion. Given this information: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Analyze the return on investment (ROI) if the company's total investment is $100 billion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Advanced Accounting In Canada

Authors: Hilton Murray, Herauf Darrell

7th Edition

1259066487, 978-1259066481

More Books

Students also viewed these Accounting questions