Accounts in Millions of USD. ITEM 2020 Accounts Receivable 2,000 Accounts Payable 500 Expense Accruals 750...

Transcribed Image Text:

Accounts in Millions of USD. ITEM 2020 Accounts Receivable 2,000 Accounts Payable 500 Expense Accruals 750 Accumulated Depreciation 1,500 Cash 1,300 Common Stock at Par @ $0.10 750 Cost of Goods Sold (COGS) 3,500 Depreciation Expense 500 Interest Expense 750 Inventory Long Term Debt Operating Expenses Net Fixed Assets 2,800 1,850 750 4,500 Notes Payable Retained Earnings Sales 500 1,750 6,000 200 Taxes What was the Gross Profit Margin in 2020? 38.25% 41.67% 21.73% 16.48% Accounts in Millions of USD. ITEM 2020 Accounts Receivable 2,000 Accounts Payable 500 Expense Accruals 750 Accumulated Depreciation 1,500 Cash 1,300 Common Stock at Par @ $0.10 750 Cost of Goods Sold (COGS) 3,500 Depreciation Expense 500 Interest Expense 750 Inventory Long Term Debt Operating Expenses Net Fixed Assets 2,800 1,850 750 4,500 Notes Payable Retained Earnings Sales 500 1,750 6,000 200 Taxes What was the Gross Profit Margin in 2020? 38.25% 41.67% 21.73% 16.48%