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Company: Apple Inc. Apple Inc. manufactures electronic devices. For the year ended December 31, 20X3, the company reported the following information: Total revenue: $100,000,000 Cost
Company: Apple Inc. Apple Inc. manufactures electronic devices. For the year ended December 31, 20X3, the company reported the following information:
- Total revenue: $100,000,000
- Cost of goods sold: $40,000,000
- Selling and administrative expenses: $20,000,000
- Other operating expenses: $10,000,000
- Income tax expense: $15,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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