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Facebook, Inc. reported the following figures for the year ending December 31, 2023: Net Sales: $134.7 billion Cost of Goods Sold (COGS): $23.4 billion Operating
Facebook, Inc. reported the following figures for the year ending December 31, 2023:
- Net Sales: $134.7 billion
- Cost of Goods Sold (COGS): $23.4 billion
- Operating Expenses: $65.8 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $44.3 billion.
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