Data for the year ended December 31, 2023:

Item	Amount
Revenue	$500,000,000
Cost of Goods Sold	$200,000,000
Operating Expenses	$150,000,000
Income Tax Expense	$50,000,000
Net Income	$100,000,000
Total Assets	$2,000,000,000
Total Liabilities	$1,000,000,000
Shareholders' Equity	$1,000,000,000

Requirements:

1. Calculate Microsoft's gross profit margin.
2. Determine Microsoft's operating profit margin.
3. Analyze the impact of income tax expense on Microsoft's net income.
4. Evaluate how Microsoft recognizes revenue from software licensing.
5. Explain the significance of the Income Measurement Objective in Microsoft's financial strategy.
6. Discuss Microsoft's debt-to-equity ratio and liquidity ratios.
7. Perform a Cost-Benefit Analysis of Microsoft's acquisition strategy in the cloud computing sector.