Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PayPal Holdings, Inc. provided the following financial figures for the fiscal year ending December 31, 2023: Total Revenue of $25,870 million, Operating Expenses of $15,690
PayPal Holdings, Inc. provided the following financial figures for the fiscal year ending December 31, 2023: Total Revenue of $25,870 million, Operating Expenses of $15,690 million, and Net Income of $7,450 million. The company's total assets were $62,890 million, and total equity was $29,560 million.
Questions:
- Calculate PayPal's operating profit margin.
- Compute PayPal's net profit margin.
- Calculate the return on assets (ROA) for PayPal.
- Compute the return on equity (ROE) for PayPal.
- If PayPal's total liabilities were $33,330 million, what is the debt to equity ratio?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started