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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

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:

  1. Calculate NVIDIA's gross profit margin.
  2. Determine NVIDIA's operating profit margin.
  3. Analyze the impact of income tax expense on NVIDIA's net income.
  4. Evaluate how NVIDIA recognizes revenue from graphics processing units (GPUs)

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