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For the year 2023, General Electric Company reported the following: total revenue of $90 billion, cost of goods sold of $50 billion, operating expenses of

For the year 2023, General Electric Company reported the following: total revenue of $90 billion, cost of goods sold of $50 billion, operating expenses of $25 billion, interest expense of $4 billion, and tax expense of $5 billion. The company’s total assets amounted to $180 billion, and its total liabilities were $80 billion.

  1. Calculate the gross profit margin.
  2. Determine the net profit margin.
  3. Compute the interest coverage ratio.
  4. Determine the debt-to-equity ratio.

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