PepsiCo, Inc.
 Data for the year ended December 31, 2023:

Item	Amount
Total Revenue	$350,000,000
Cost of Goods Sold	$200,000,000
Operating Expenses	$100,000,000
Income Tax Expense	$50,000,000
Net Income	$30,000,000

1. Calculate PepsiCo's gross profit margin.
2. Determine PepsiCo's operating profit margin.
3. Analyze the impact of income tax expense on PepsiCo's net income.
4. Discuss PepsiCo's revenue recognition policy for beverages and snacks sales.
5. Evaluate PepsiCo's profitability using the return on assets (ROA) ratio.