Company: NVIDIA Corporation Data for the year ended December 31, 2023: Item Amount Revenue $40,000,000,000 Cost
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Question:
Company: NVIDIA Corporation
Data for the year ended December 31, 2023:
Item | Amount |
Revenue | $40,000,000,000 |
Cost of Goods Sold | $15,000,000,000 |
Operating Expenses | $10,000,000,000 |
Income Tax Expense | $5,000,000,000 |
Net Income | $10,000,000,000 |
Total Assets | $60,000,000,000 |
Total Liabilities | $20,000,000,000 |
Shareholders' Equity | $40,000,000,000 |
Requirements:
- Calculate NVIDIA's gross profit margin.
- Determine NVIDIA's operating profit margin.
- Analyze the impact of income tax expense on NVIDIA's net income.
- Evaluate how NVIDIA recognizes revenue from graphics processing units (GPUs)
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