Goldman Sachs Data for the year ended December 31, 2023:ItemAmountTotal Assets$900,000,000Total Liabilities$500,000,000Shareholders' Equity$400,000,000Revenue$450,000,000Operating Expenses$300,000,000Requirements:Calculate Goldman Sachs'...

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Accounting

Goldman Sachs
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$900,000,000

Total Liabilities

$500,000,000

Shareholders' Equity

$400,000,000

Revenue

$450,000,000

Operating Expenses

$300,000,000

Requirements:

  1. Calculate Goldman Sachs' debt-to-equity ratio.
  2. Determine Goldman Sachs' net profit margin.
  3. Analyze the impact of total assets on Goldman Sachs' financial leverage.
  4. Discuss how Goldman Sachs recognizes revenue from investment banking services.
  5. Evaluate Goldman Sachs' financial health using the interest coverage ratio.
  6. Explain the significance of the Income Measurement Objective in Goldman Sachs’ financial strategies and performance metrics.

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