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

Item	Amount
Revenue	$50,000,000,000
Cost of Goods Sold	$20,000,000,000
Operating Expenses	$15,000,000,000
Income Tax Expense	$5,000,000,000
Net Income	$10,000,000,000
Total Assets	$150,000,000,000
Total Liabilities	$75,000,000,000
Shareholders' Equity	$75,000,000,000

Requirements:

1. Calculate Cisco Systems' gross profit margin.
2. Determine Cisco Systems' operating profit margin.
3. Analyze the impact of income tax expense on Cisco Systems' net income.
4. Evaluate how Cisco Systems recognizes revenue from networking equipment sales.
5. Explain the significance of the Income Measurement Objective in Cisco Systems' financial strategy.
6. Discuss Cisco Systems' debt-to-equity ratio and liquidity ratios.
7. Perform a Cost-Benefit Analysis of Cisco Systems' investment in cybersecurity solutions.