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Mastercard Incorporated reported the following figures for the year ending December 31, 2023: Total Revenue: $20.3 billion Cost of Sales: $3.4 billion Operating Expenses: $7.9

Mastercard Incorporated reported the following figures for the year ending December 31, 2023:


    • Total Revenue: $20.3 billion
    • Cost of Sales: $3.4 billion
    • Operating Expenses: $7.9 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $10 billion.

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