Question
Financial data for Procter & Gamble for the fiscal year ending June 30, 2023, is summarized below: Income Statement: Revenue: $2,200,000 Cost of Goods Sold:
Financial data for Procter & Gamble for the fiscal year ending June 30, 2023, is summarized below:
Income Statement:
Revenue: $2,200,000
Cost of Goods Sold: $1,500,000
Operating Expenses: $600,000
Income Tax: $60,000
Net Profit: $40,000
Balance Sheet:
Cash: $220,000
Accounts Receivable: $320,000
Inventory: $380,000
Operational Assets: $700,000
Current Liabilities: $360,000
Non-current Liabilities: $400,000
Shareholders’ Equity: $860,000
Calculate the return on equity (ROE).
Determine the current ratio.
Find the debt-to-equity ratio.
Compute the net profit margin.
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