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FedEx Corporation reported the following financial details for 2023. They had a total revenue of $100 billion, with a cost of goods sold amounting to
FedEx Corporation reported the following financial details for 2023. They had a total revenue of $100 billion, with a cost of goods sold amounting to $60 billion. Their operating expenses were $30 billion, and they incurred an interest expense of $3 billion and a tax expense of $5 billion. The total assets of the company stood at $180 billion while the total liabilities were $80 billion.
- Calculate the gross profit margin.
- Determine the operating profit margin.
- Compute the interest coverage ratio.
- Determine the return on equity (ROE).
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