Question: Company: Johnson & Johnson Johnson & Johnson released its financial report for the fiscal year ending December 31, 2023. The company recorded total revenue of

Company: Johnson & Johnson

Johnson & Johnson released its financial report for the fiscal year ending December 31, 2023. The company recorded total revenue of $100 billion, with a cost of goods sold (COGS) of $40 billion and operating expenses of $30 billion. Net income stood at $20 billion. Given this data: a) Calculate the gross profit margin. b) Determine the operating profit margin. c) Compute the net profit margin. d) Analyze the return on equity (ROE) if shareholders' equity is $60 billion.

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