Pfizer Inc. Data for the year ended December 31, 2023:ItemAmountTotal Assets$700,000,000Total Liabilities$350,000,000Shareholders' Equity$350,000,000Revenue$400,000,000Operating Expenses$250,000,000Requirements:Calculate Pfizer's debt-to-equity...

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Accounting

Pfizer Inc.
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$700,000,000

Total Liabilities

$350,000,000

Shareholders' Equity

$350,000,000

Revenue

$400,000,000

Operating Expenses

$250,000,000

Requirements:

  1. Calculate Pfizer's debt-to-equity ratio.
  2. Determine Pfizer's net profit margin.
  3. Analyze the impact of total assets on Pfizer's financial leverage.
  4. Discuss how Pfizer recognizes revenue from pharmaceutical sales.
  5. Evaluate Pfizer's financial health using the interest coverage ratio.
  6. Explain the importance of the Income Measurement Objective in Pfizer’s financial reporting and strategic decisions.

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