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The financial details for Google for the year ended December 31, 2023, are provided below: Income Statement: Net Sales: $1,500,000 Cost of Sales: $1,000,000 Operating


The financial details for Google for the year ended December 31, 2023, are provided below:

Income Statement:

Net Sales: $1,500,000

Cost of Sales: $1,000,000

Operating Expenses: $400,000

Taxes: $30,000

Net Income: $70,000

Balance Sheet:

Cash: $160,000

Accounts Receivable: $200,000

Inventory: $250,000

Operational Assets: $450,000

Current Liabilities: $250,000

Long-term Debt: $300,000

Shareholders’ Equity: $510,000

Compute the gross profit margin.

Calculate the return on assets (ROA).

Determine the quick ratio.

Find the net profit margin.

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