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Below is an excerpt from Apple's annual report: iPhone net sales increased during 2018 compared to 2017 due primarily to a different mix of iphones

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Below is an excerpt from Apple's annual report: "iPhone net sales increased during 2018 compared to 2017 due primarily to a different mix of iphones resulting in higher average selling prices. iPhone net sales increased during 2017 compared to 2016 due to higher iPhone unit sales and a different mix of iPhones with higher average selling prices. The weakness in foreign currencies relative to the U.S. dollar had an unfavorable impact on iPhone net sales during 2017." The excerpt is most likely to be found in the Select one: a. Notes to the financial statements b. Management's discussion and analysis c. Auditors' report d. Statement of comprehensive income

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