Question: Financial Statement Analysis - Alphabet Inc. Alphabet Inc. has reported the following financial data for the fiscal year ended December 31, 2023: Total Assets: $150,000

Financial Statement Analysis - Alphabet Inc.

Alphabet Inc. has reported the following financial data for the fiscal year ended December 31, 2023:

  • Total Assets: $150,000 million
  • Total Liabilities: $80,000 million
  • Net Income: $20,000 million
  • Total Revenue: $100,000 million
  • Total Expenses: $80,000 million
  • Average Shareholders' Equity: $50,000 million

Calculate the following financial ratios for Alphabet Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Alphabet Inc. based on these ratios. ###queston_divider###

Depreciation Calculation - General Motors Company

General Motors Company purchased new assembly line equipment for $400,000 on January 1, 2020. The equipment has an estimated useful life of 12 years and no salvage value. They use the straight-line method for depreciation.

Calculate the annual depreciation expense for the years 2020, 2021, and 2022 for General Motors Company.

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