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Apple Inc. 2023 Financials: Financial Metric Amount Total Revenue $400 billion Cost of Goods Sold $220 billion Operating Expenses $110 billion Interest Expense $5 billion

Apple Inc. 2023 Financials:

Financial Metric

Amount

Total Revenue

$400 billion

Cost of Goods Sold

$220 billion

Operating Expenses

$110 billion

Interest Expense

$5 billion

Tax Expense

$20 billion

Total Assets

$700 billion

Total Liabilities

$300 billion

  1. Calculate the gross profit margin.
  2. Determine the net profit margin.
  3. Compute the interest coverage ratio.
  4. Determine the return on equity (ROE).

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