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Apple Inc. Item Amount (in millions) Revenue $274,515 Cost of Goods Sold (COGS) $169,559 Gross Profit $104,956 Operating Expenses $38,668 Operating Income $66,288 Interest Expense
Apple Inc.
Item | Amount (in millions) |
Revenue | $274,515 |
Cost of Goods Sold (COGS) | $169,559 |
Gross Profit | $104,956 |
Operating Expenses | $38,668 |
Operating Income | $66,288 |
Interest Expense | $2,000 |
Income Tax Expense | $11,000 |
Net Income | $53,288 |
Questions:
- What is Apple's gross profit margin?
- Calculate Apple's operating profit margin.
- Determine Apple's net profit margin.
- If Apple’s total assets are $323,888 million, what is the return on assets (ROA)?
- What is the return on equity (ROE) if Apple’s total equity is $65,339 million?
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