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Visa Inc. reported the following figures for the year ending September 30, 2023: Total Revenue: $25.1 billion Cost of Sales: $4.8 billion Operating Expenses: $10.2
Visa Inc. reported the following figures for the year ending September 30, 2023:
- Total Revenue: $25.1 billion
- Cost of Sales: $4.8 billion
- Operating Expenses: $10.2 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $12.5 billion.
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
