Segment disclosure by Apple Inc. provides sales information for its major product lines for three recent years
Question:
Segment disclosure by Apple Inc. provides sales information for its major product lines for three recent years as follows (in millions):
A. Which product had the greatest percentage of Year 3 sales? Which product had the least percentage of Year 3 sales? (Round to nearest whole percent.)
B. Which product grew the most in sales, in percentage terms, using Year 1 as the base year? (Round to nearest whole percent.)
Transcribed Image Text:
Year 3 Year 2 Year 1 iPhone iPad Mac iPod Tunes, Software, and Services Accessories Total sales $101,991 30,283 24,079 2,286 18,063 6,093 $182,795 $91,279 78,692 30,945 23,221 5,615 12,890 5,145 $156,508 31,980 21,483 4,411 16,051 5,706 $170,910
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The analysis requires both a vertical analysis of Year 3 sales and a horizontal analysis of the ...View the full answer
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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