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Google LLC (Alphabet Inc.) provided the following income statement for the year ended December 31, 2023: Item Amount (in millions) Revenue $253,054 Cost of Revenue

Google LLC (Alphabet Inc.) provided the following income statement for the year ended December 31, 2023:

Item

Amount (in millions)

Revenue

$253,054

Cost of Revenue

$94,032

Gross Profit

$159,022

Operating Expenses

$90,187

Operating Income

$68,835

Interest Expense

$849

Income Before Taxes

$68,710

Income Tax Expense

$14,236

Net Income

$54,474

a. Compute Google LLC's gross profit margin. b. Determine the operating income margin for Google LLC. c. Discuss the impact of Google LLC's interest expense on its profitability. d. Analyze the effective tax rate of Google LLC and compare it with industry standards.

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