Answer the following based on 2022 Amazon Quarter 2 with explanation:

 

D. PROFITABILITY RATIOS 1. Gross Profit Margins Gross Profit Margin = (Net Sales - Cost of Goods Sold) 2. Operating Profit Margins Operating Profit Margin = EBIT/Net Sales 3. Net Profit Margins Net Profit Margin = Net Income (Revenue - Cost of Goods Sold) 4. EBIT Returns of Assets EBIT Return on Assets = EBIT/Total Assets 5. Return on Assets (ROA) Return on Assets = Net Income/Total Assets 6. Return on Equity (ROE) Return on Equity = Net Income/Total Equity