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The following is a summary of the financials for Chevron Corporation for the year ending December 31, 2023: Income Statement: Revenue: $3,000,000 Cost of Goods


The following is a summary of the financials for Chevron Corporation for the year ending December 31, 2023:

Income Statement:

Revenue: $3,000,000

Cost of Goods Sold: $2,200,000

Operating Expenses: $1,000,000

Income Tax: $100,000

Net Profit: -$300,000 (Net Loss)

Balance Sheet:

Cash and Equivalents: $300,000

Receivables: $500,000

Inventory: $550,000

Fixed Assets: $1,100,000

Current Liabilities: $510,000

Long-term Debt: $600,000

Equity: $1,340,000

Calculate the current ratio.

Determine the return on equity (ROE).

Find the quick ratio.

Compute the net profit margin.

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