Company: General Electric Company

General Electric Company disclosed its financial results for the fiscal year ending December 31, 2023. 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 $20 billion. From this data: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Evaluate the return on equity (ROE) if shareholders' equity is $100 billion.