1. Procter & Gamble Co. reported the following income statement figures for the year ended June 30, 2023:
2. Net Sales: $60,000,000
3. Cost of Goods Sold: $35,000,000
4. Operating Expenses: $18,000,000
5. Other Income: $4,000,000
6. Interest Expense: $1,500,000
7. Income Tax Expense: $12,000,000
8. Net Income: $17,500,000

a. Calculate Procter & Gamble Co.'s Gross Profit Margin and Operating Profit Margin. b. Determine Procter & Gamble Co.'s Return on Assets (ROA) and Return on Equity (ROE). c. Discuss how changes in Procter & Gamble Co.'s operating expenses could impact its profitability ratios. d. Analyze the effective tax rate of Procter & Gamble Co. and its implications for shareholders. e. Evaluate Procter & Gamble Co.'s earnings per share (EPS) based on the provided net income and number of outstanding shares.