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Procter & Gamble Co. reported the following figures for the year ending June 30, 2023: Net Sales: $85.7 billion Cost of Goods Sold (COGS): $42.3
Procter & Gamble Co. reported the following figures for the year ending June 30, 2023:
- Net Sales: $85.7 billion
- Cost of Goods Sold (COGS): $42.3 billion
- Operating Expenses: $28.6 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $12.5 billion.
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
