Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Scenario 7: Financial Ratios - Alphabet Inc. Alphabet Inc. has provided the following financial data for the fiscal year ended December 31, 2023: Total Assets:
Scenario 7: Financial Ratios - Alphabet Inc.
Alphabet Inc. has provided the following financial data for the fiscal year ended December 31, 2023:
- Total Assets: $319,616 million
- Total Liabilities: $109,142 million
- Net Income: $65,331 million
- Total Revenue: $247,173 million
- Total Expenses: $181,842 million
- Average Shareholders' Equity: $210,474 million
Calculate the following financial ratios for Alphabet Inc.:
a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin
Interpret each ratio and discuss the financial performance of Alphabet Inc. based on these ratios.
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