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Verizon Communications Inc., a leading telecommunications company, disclosed its financial performance for the fiscal year 2023. The company's total assets amounted to $250 billion, with
Verizon Communications Inc., a leading telecommunications company, disclosed its financial
performance for the fiscal year 2023. The company's total assets amounted to $250 billion, with
total liabilities of $150 billion. Its net income for the year stood at $25 billion, and the
shareholders' equity was $100 billion.
a) Determine the company's leverage ratio.
b) Calculate the company's debt ratio.
c) Find out the net profit margin of the company.
d) Calculate the return on equity (ROE) percentage.
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