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For the year 2023, JetBlue Airways reported the following: total revenue of $65 million, cost of services of $38 million, operating expenses of $14 million,
For the year 2023, JetBlue Airways reported the following: total revenue of $65 million, cost of services of $38 million, operating expenses of $14 million, interest expense of $1.5 million, and tax expense of $2.5 million. The company’s total assets amounted to $75 million, and its total liabilities were $35 million.
- Calculate the gross profit margin.
- Determine the net profit margin.
- Compute the interest coverage ratio.
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