Company: Procter & Gamble (P&G)ItemAmount (in millions)Net Sales$70,000Cost of Goods Sold (COGS)$33,000Gross Profit$37,000Operating Expenses$20,000Operating Income$17,000Net...

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Question

Accounting

Company: Procter & Gamble (P&G)

Item

Amount (in millions)

Net Sales

$70,000

Cost of Goods Sold (COGS)

$33,000

Gross Profit

$37,000

Operating Expenses

$20,000

Operating Income

$17,000

Net Income

$13,000

Total Assets

$120,000

Total Equity

$55,000

Questions:

  1. Calculate P&G’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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