Facebook, Inc. operates a social media platform. For the year ended December 31, 20X5, the company provided
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Question:
Facebook, Inc. operates a social media platform. For the year ended December 31, 20X5, the company provided the following financial information:
- Total revenue: $120,000,000
- Cost of goods sold: $50,000,000
- Selling and administrative expenses: $30,000,000
- Other operating expenses: $20,000,000
- Income tax expense: $25,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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