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