Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company: Microsoft Corporation Microsoft Corporation experienced a successful fiscal year ending June 30, 2023. The company's total revenue amounted to $250 billion, with a cost

Company: Microsoft Corporation

Microsoft Corporation experienced a successful fiscal year ending June 30, 2023. The company's total revenue amounted to $250 billion, with a cost of goods sold (COGS) of $70 billion and operating expenses of $100 billion. The net income for the period stood at $60 billion. Given this data: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Assess the return on investment (ROI) if the company's total assets are $400 billion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

25th edition

978-1285069609, 1285069609, 978-1133607601

More Books

Students also viewed these Accounting questions

Question

What are the steps involved in the recruitment process?

Answered: 1 week ago

Question

Gambling by student and professional athletes

Answered: 1 week ago