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  3. . this quarter, apple sold 150,000 macbooks at $1,

. This quarter, Apple sold 150,000 MacBooks at $1,000 each. For each computer that it...

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Accounting

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. This quarter, Apple sold 150,000 MacBooks at $1,000 each. For each computer that it produced, manufacturing costs amounted to $350. Apple spent a total of $30mln in selling, general, and administrative expenditures during this quarter. Moreover, its depreciation expense amounted to $25mln, and interest expense to $10mln. The tax rate for Apple is 40%. What is Apple's Net Income this quarter

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