Question
Company: Exxon Mobil Corporation Exxon Mobil Corporation disclosed its financial performance for the fiscal year ending December 31, 2023. The company reported total revenue of
Company: Exxon Mobil Corporation
Exxon Mobil Corporation disclosed its financial performance for the fiscal year ending December 31, 2023. The company reported total revenue of $200 billion, with a cost of goods sold (COGS) of $100 billion and operating expenses of $50 billion. Net income stood at $30 billion. Based on this information: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Assess the return on assets (ROA) if the company's total assets amount to $500 billion.
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