Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For the fiscal year ending December 31, 2023, Google, a subsidiary of Alphabet Inc., reported the following financial data: Total Revenue of $230,540 million, Cost
For the fiscal year ending December 31, 2023, Google, a subsidiary of Alphabet Inc., reported the following financial data: Total Revenue of $230,540 million, Cost of Goods Sold (COGS) of $75,200 million, Operating Expenses of $110,400 million, and Net Income of $45,940 million. The company had total assets of $451,200 million and total equity of $310,050 million.
Questions:
- Calculate Google’s gross profit margin.
- Determine Google’s operating profit margin.
- Compute Google’s net profit margin.
- Calculate the return on assets (ROA) for Google.
- Compute the return on equity (ROE) for Google.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started