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For the year 2023, The Coca-Cola Company reported the following: total revenue of $50 billion, cost of goods sold of $20 billion, operating expenses of
For the year 2023, The Coca-Cola Company reported the following: total revenue of $50 billion, cost of goods sold of $20 billion, operating expenses of $18 billion, interest expense of $2 billion, and tax expense of $4 billion. The company’s total assets amounted to $100 billion, and its total liabilities were $40 billion.
- Calculate the gross profit margin.
- Determine the net profit margin.
- Compute the interest coverage ratio.
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