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Honeywell International Inc. recorded total revenues of $50 billion and a cost of goods sold of $25 billion for 2023. The operating expenses were $18
Honeywell International Inc. recorded total revenues of $50 billion and a cost of goods sold of $25 billion for 2023. The operating expenses were $18 billion, while the interest expense was $2 billion, and tax expense was $3 billion. The total assets of the company were reported to be $100 billion and total liabilities were $45 billion.
- Calculate the gross profit margin.
- Determine the operating profit margin.
- Compute the interest coverage ratio.
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