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Company: Alphabet Inc. (Google) Data for the year ended December 31, 2023: Item Amount Revenue $1,200,000,000 Cost of Goods Sold $400,000,000 Operating Expenses $500,000,000

Company: Alphabet Inc. (Google)
 Data for the year ended December 31, 2023:

Item

Amount

Revenue

$1,200,000,000

Cost of Goods Sold

$400,000,000

Operating Expenses

$500,000,000

Income Tax Expense

$150,000,000

Net Income

$150,000,000

Total Assets

$3,000,000,000

Total Liabilities

$1,500,000,000

Shareholders' Equity

$1,500,000,000

Requirements:

  1. Calculate Alphabet's gross profit margin.
  2. Determine Alphabet's operating profit margin.
  3. Analyze the impact of income tax expense on Alphabet's net income.
  4. Evaluate how Alphabet recognizes revenue from advertising services.
  5. Explain the significance of the Income Measurement Objective in Alphabet's financial reporting.
  6. Discuss Alphabet's return on assets (ROA) and return on equity (ROE).
  7. Perform a Cost-Benefit Analysis of Alphabet's investment in autonomous vehicles technology.

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