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Procter & Gamble Co. Data for the year ended December 31, 2023: Item Amount Revenue $80,000,000,000 Cost of Goods Sold $40,000,000,000 Operating Expenses $25,000,000,000
Procter & Gamble Co.
Data for the year ended December 31, 2023:
Item | Amount |
Revenue | $80,000,000,000 |
Cost of Goods Sold | $40,000,000,000 |
Operating Expenses | $25,000,000,000 |
Income Tax Expense | $10,000,000,000 |
Net Income | $15,000,000,000 |
Total Assets | $200,000,000,000 |
Total Liabilities | $100,000,000,000 |
Shareholders' Equity | $100,000,000,000 |
Requirements:
- Calculate Procter & Gamble's gross profit margin.
- Determine Procter & Gamble's operating profit margin.
- Analyze the impact of income tax expense on Procter & Gamble's net income.
- Evaluate how Procter & Gamble recognizes revenue from consumer goods sales.
- Explain the significance of the Income Measurement Objective in Procter & Gamble's financial planning.
- Discuss Procter & Gamble's current ratio and quick ratio.
- Perform a Cost-Benefit Analysis of Procter & Gamble's sustainability initiatives.
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