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IBM provides information technology products and services. For the year ended December 31, 20X5, the company reported the following financial data: Total revenue: $90,000,000 Cost

IBM provides information technology products and services. For the year ended December 31, 20X5, the company reported the following financial data:

  • Total revenue: $90,000,000
  • Cost of goods sold: $40,000,000
  • Selling and administrative expenses: $20,000,000
  • Other operating expenses: $10,000,000
  • Income tax expense: $15,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.

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