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Data for the year ended December 31, 2023: Item Amount Revenue $25,000,000,000 Cost of Goods Sold $10,000,000,000 Operating Expenses $5,000,000,000 Income Tax Expense $3,000,000,000 Net
Data for the year ended December 31, 2023:
Item | Amount |
Revenue | $25,000,000,000 |
Cost of Goods Sold | $10,000,000,000 |
Operating Expenses | $5,000,000,000 |
Income Tax Expense | $3,000,000,000 |
Net Income | $7,000,000,000 |
Total Assets | $50,000,000,000 |
Total Liabilities | $20,000,000,000 |
Shareholders' Equity | $30,000,000,000 |
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) sales.
- Explain the significance of the Income Measurement Objective in NVIDIA's financial strategy.
- Discuss NVIDIA's return on assets (ROA) and return on equity (ROE).
- Analyze the impact of NVIDIA's financial performance on its gaming and data center segments.
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