1. : Microsoft Corporation reported the following income statement figures for the year ended June 30, 2023:
   • Net Sales: $15,000,000
   • Cost of Goods Sold: $8,000,000
   • Operating Expenses: $4,000,000
   • Interest Expense: $500,000
   • Income Tax Expense: $2,000,000
   • Net Income: $1,500,000 a. Calculate Microsoft Corporation's Gross Profit Margin and Operating Profit Margin. b. Determine Microsoft Corporation's Return on Assets (ROA) and Return on Equity (ROE). c. Discuss how Microsoft Corporation's interest expense affects its profitability ratios. d. Analyze the effective tax rate of Microsoft Corporation and its implications for shareholders.