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Company: Facebook, Inc. Facebook, Inc. operates a social media platform. For the quarter ended September 30, 20X8, the company reported the following information: Total revenue:
Company: Facebook, Inc. Facebook, Inc. operates a social media platform. For the quarter ended September 30, 20X8, the company reported the following information:
- Total revenue: $15,000,000
- Cost of goods sold: $5,000,000
- Selling and administrative expenses: $3,000,000
- Other operating expenses: $2,000,000
- Income tax expense: $2,500,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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