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Dell Technologies' financial data for 2023: Revenues: Sales Revenue: $320,000,000 Other Revenues: $18,000,000 Expenses: COGS: $200,000,000 Operating Expenses: $100,000,000 Interest Expense: $5,000,000 Tax Rate: 21%
Dell Technologies' financial data for 2023:
- Revenues:
- Sales Revenue: $320,000,000
- Other Revenues: $18,000,000
- Expenses:
- COGS: $200,000,000
- Operating Expenses: $100,000,000
- Interest Expense: $5,000,000
- Tax Rate: 21%
Requirements:
- Prepare an income statement for Dell Technologies for the year 2023.
- Calculate the gross profit.
- Calculate the operating income.
- Calculate the net income after taxes.
- Compute the profit margin ratio for Dell Technologies.
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