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Net Income Computation for Exxon Mobil Corporation : a. Compute the net income for Exxon Mobil Corporation in the fiscal year 2023 based on the

  • ยทNet Income Computation for Exxon Mobil Corporation: a. Compute the net income for Exxon Mobil Corporation in the fiscal year 2023 based on the following information: Total Revenue - $250 billion, Cost of Goods Sold - $150 billion, Operating Expenses - $50 billion, Taxes - $20 billion. b. Calculate Exxon Mobil's net profit margin for the year. c. Discuss how changes in revenue and expenses affect Exxon Mobil's profitability.

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