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The attached pdf file shows the income statement and balance sheet from Microsoft's 2020 annual 10-K filing. Use the information for fiscal year 2020 (ended

The attached pdf file shows the income statement and balance sheet from Microsoft's 2020 annual 10-K filing. Use the information for fiscal year 2020 (ended June 30, 2020) to answer the following questions. Please pay close attention to the format for submitting answers, such as the number of decimal places. If an answer is to be provided as a percentage, do not include the % sign in your answer.

MSFT 2020 excerpt.pdf

  1. Microsoft reported gross margin of $96,937 (in millions) for FY 2020. What dollar amount of that gross margin (in millions) resulted from the sale of "Service and other"?
  2. Microsoft reported basic EPS of $5.82 for FY 2020. Show the numbers reported on p. 55 (the income statement) that can be used to calculate this EPS. Numerator = , denominator =
  3. What dollar amount (in millions) did Microsoft's customers owe for past purchases at the end of FY 2020?
  4. What was Microsoft's current ratio at June 30, 2020? Round your answer to one decimal place, e.g., 4.2.
  5. What was Microsoft's profit margin percentage for FY 2020? Round your answer to one decimal place but omit the % sign.
  6. What was Microsoft's asset turnover ratio for FY 2020? Round your answer to two decimal places, e.g., 2.76.
  7. What was Microsoft's ROA (return on assets) for FY 2020? Round your answer to one decimal place but omit the % sign.

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