Toyota Motor Corporation
 Data for the year ended December 31, 2023:

Item	Amount
Revenue	$30,000,000,000
Cost of Goods Sold	$25,000,000,000
Operating Expenses	$3,000,000,000
Income Tax Expense	$2,000,000,000
Net Income	$5,000,000,000
Total Assets	$100,000,000,000
Total Liabilities	$50,000,000,000
Shareholders' Equity	$50,000,000,000

Requirements:

1. Calculate Toyota's gross profit margin.
2. Determine Toyota's operating profit margin.
3. Analyze the impact of income tax expense on Toyota's net income.
4. Evaluate how Toyota recognizes revenue from automotive sales.
5. Explain the significance of the Income Measurement Objective in Toyota's financial planning.
6. Discuss Toyota's inventory turnover ratio and accounts payable turnover ratio.
7. Perform a Cost-Benefit Analysis of Toyota's investment in electric vehicle technology.