Company: Apple Inc.ItemAmount (in millions)Revenue$394,328Cost of Goods Sold (COGS)$213,963Gross Profit$180,365Operating Expenses$50,527Operating Income$129,838Interest Expense$3,600Income Tax Expense$20,000Net...
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Accounting
Company: Apple Inc.
Item | Amount (in millions) |
Revenue | $394,328 |
Cost of Goods Sold (COGS) | $213,963 |
Gross Profit | $180,365 |
Operating Expenses | $50,527 |
Operating Income | $129,838 |
Interest Expense | $3,600 |
Income Tax Expense | $20,000 |
Net Income | $106,238 |
Questions:
- What is Apple's gross profit margin?
- Calculate Apple's operating profit margin.
- Determine Apple's net profit margin.
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- What is the return on equity (ROE) if Apple’s total equity is $65,000 million?
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