Company: General Electric (GE)ItemAmount (in millions)Net Sales$95,000Cost of Goods Sold (COGS)$57,500Gross Profit$37,500Operating Expenses$22,000Operating Income$15,500Net Income$9,000Total...

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Question

Accounting

Company: General Electric (GE)

Item

Amount (in millions)

Net Sales

$95,000

Cost of Goods Sold (COGS)

$57,500

Gross Profit

$37,500

Operating Expenses

$22,000

Operating Income

$15,500

Net Income

$9,000

Total Assets

$150,000

Total Equity

$45,000

Questions:

  1. Calculate GE’s gross profit margin.
  2. Determine the operating profit margin.
  3. What is the net profit margin?
  4. Compute the return on assets (ROA).
  5. What is the return on equity (ROE)?

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