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For the fiscal year ending December 31, 2023, Berkshire Hathaway Inc. reported the following financial information: Total Revenue of $365,080 million, Operating Expenses of $280,620
For the fiscal year ending December 31, 2023, Berkshire Hathaway Inc. reported the following financial information: Total Revenue of $365,080 million, Operating Expenses of $280,620 million, and Net Income of $60,570 million. The company’s total assets were $980,230 million, and total equity was $750,450 million.
Questions:
- Calculate Berkshire Hathaway’s operating profit margin.
- Compute Berkshire Hathaway’s net profit margin.
- Calculate the return on assets (ROA) for Berkshire Hathaway.
- Compute the return on equity (ROE) for Berkshire Hathaway.
- If Berkshire Hathaway’s total liabilities were $229,780 million, what is the debt to equity ratio?
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