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AppleCorporation reported the following figures for the year ending December 31, 2023: - Net Sales: $1,000,000 - Cost of Goods Sold (COGS): $400,000 - Operating
Apple Corporation reported the following figures for the year ending December 31, 2023:
- Net Sales: $1,000,000
- Cost of Goods Sold (COGS): $400,000
- Operating Expenses: $200,000
Calculate:
a) Gross profit margin.
b) Operating profit margin.
c) Net profit margin if the net income for the year is $300,000.
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