Apple Inc.ItemAmount (in millions)Revenue$274,515Cost of Goods Sold (COGS)$169,559Gross Profit$104,956Operating Expenses$38,668Operating Income$66,288Interest Expense$2,000Income Tax Expense$11,000Net Income$53,288Questions:What...
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Apple Inc.
Item | Amount (in millions) |
Revenue | $274,515 |
Cost of Goods Sold (COGS) | $169,559 |
Gross Profit | $104,956 |
Operating Expenses | $38,668 |
Operating Income | $66,288 |
Interest Expense | $2,000 |
Income Tax Expense | $11,000 |
Net Income | $53,288 |
Questions:
- What is Apple's gross profit margin?
- Calculate Apple's operating profit margin.
- Determine Apple's net profit margin.
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