Question
Salesforce reported the following for 2023: Total Revenue: $115 million Cost of Services: $70 million Operating Expenses: $30 million Interest Expense: $2 million Tax Expense:
Salesforce reported the following for 2023:
•Total Revenue: $115 million
•Cost of Services: $70 million
•Operating Expenses: $30 million
•Interest Expense: $2 million
•Tax Expense: $5 million
•Total Assets: $140 million
•Total Liabilities: $60 million
•Calculate the operating profit margin.
•Determine the net profit margin.
•Compute the interest coverage ratio and the debt-to-equity ratio.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
