According to the Apple Inc. 2017 Annual Report, answer the following questions: The company 2017 net income
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Question:
According to the Apple Inc. 2017 Annual Report, answer the following questions:
- The company 2017 net income is higher than the net income in 2016, Why did net income increase?
- What effective income tax rate is the company experiencing?
- How are customer coupons, discounts, and rebates treated in the financial statements?
- Is their business seasonal?
- How does their supply chain strategy impact the financial statements?
- The company's profit margin ratio is 39.08% in 2016, 38.47% in 2017. Comment on the change.
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