Visa Inc. provided the following financial data for the fiscal year ending September 30, 2023:...
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Accounting
Visa Inc. provided the following financial data for the fiscal year ending September 30, 2023: Total Revenue of $27,510 million, Operating Expenses of $8,950 million, and Net Income of $14,820 million. The company’s total assets were $77,230 million, and total equity was $35,590 million.
Questions:
- Calculate Visa’s operating profit margin.
- Compute Visa’s net profit margin.
- Calculate the return on assets (ROA) for Visa.
- Compute the return on equity (ROE) for Visa.
- If Visa’s total liabilities were $41,640 million, what is the debt to equity ratio?
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