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ExxonMobil Data for the year ended December 31, 2023: Item Amount Total Assets $2,500,000,000 Total Liabilities $1,800,000,000 Shareholders' Equity $700,000,000 Revenue $1,300,000,000 Operating Expenses

ExxonMobil
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$2,500,000,000

Total Liabilities

$1,800,000,000

Shareholders' Equity

$700,000,000

Revenue

$1,300,000,000

Operating Expenses

$800,000,000

Requirements:

  1. Calculate ExxonMobil's debt-to-equity ratio.
  2. Determine ExxonMobil's net profit margin.
  3. Analyze the impact of total assets on ExxonMobil's financial leverage.
  4. Discuss how ExxonMobil recognizes revenue from oil and gas sales.
  5. Evaluate ExxonMobil's financial health using the interest coverage ratio.
  6. Explain the role of the Income Measurement Objective in ExxonMobil’s financial management and strategic decisions.

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