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Johnson Controls International Data for the year ended December 31, 2023: Item Amount Revenue $18,000,000,000 Cost of Goods Sold $10,000,000,000 Operating Expenses $5,000,000,000 Income
Johnson Controls International
Data for the year ended December 31, 2023:
Item | Amount |
Revenue | $18,000,000,000 |
Cost of Goods Sold | $10,000,000,000 |
Operating Expenses | $5,000,000,000 |
Income Tax Expense | $2,000,000,000 |
Net Income | $1,000,000,000 |
Total Assets | $40,000,000,000 |
Total Liabilities | $20,000,000,000 |
Shareholders' Equity | $20,000,000,000 |
Requirements:
- Calculate Johnson Controls' gross profit margin.
- Determine Johnson Controls' operating profit margin.
- Analyze the impact of income tax expense on Johnson Controls' net income.
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