Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pinterest reported the following for 2023: Total Revenue: $65 million Cost of Services: $40 million Operating Expenses: $15 million Interest Expense: $1 million Tax Expense:
Pinterest reported the following for 2023:
•Total Revenue: $65 million
•Cost of Services: $40 million
•Operating Expenses: $15 million
•Interest Expense: $1 million
•Tax Expense: $2 million
•Total Assets: $85 million
•Total Liabilities: $35 million
•Calculate the operating profit margin.
•Determine the net profit margin.
•Compute the interest coverage ratio and 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