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McDonald's Corporation reported the following figures for the year ending December 31, 2023: Total Revenue: $25.4 billion Cost of Sales: $8.9 billion Operating Expenses: $12.3
McDonald's Corporation reported the following figures for the year ending December 31, 2023:
- Total Revenue: $25.4 billion
- Cost of Sales: $8.9 billion
- Operating Expenses: $12.3 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $6.5 billion.
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