The Coca-Cola Company reported the following financial figures for the fiscal year ending December 31, 2023: Total Revenue of $37,820 million, Cost of Goods Sold (COGS) of $14,930 million, Operating Expenses of $12,500 million, and Net Income of $8,200 million. The company had total assets of $98,500 million and total equity of $53,700 million.

Questions:

1. Calculate Coca-Cola’s gross profit margin.
2. Determine Coca-Cola’s operating profit margin.
3. Compute Coca-Cola’s net profit margin.
4. Calculate the return on assets (ROA) for Coca-Cola.

Compute the return on equity (ROE) for Coca-Cola.