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Company: Visa Inc. Visa Inc. released its financials for the fiscal year ending September 30, 2023. The company reported total revenue of $25 billion, with
Company: Visa Inc.
Visa Inc. released its financials for the fiscal year ending September 30, 2023. The company reported total revenue of $25 billion, with a cost of goods sold (COGS) of $5 billion and operating expenses of $10 billion. Net income amounted to $12 billion. From this data: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Analyze the return on equity (ROE) if shareholders' equity is $20 billion.
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