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Company: Apple Inc. Item Amount (in millions) Revenue $394,328 Cost of Goods Sold (COGS) $213,963 Gross Profit $180,365 Operating Expenses $50,527 Operating Income $129,838 Interest
Company: Apple Inc.
Item | Amount (in millions) |
Revenue | $394,328 |
Cost of Goods Sold (COGS) | $213,963 |
Gross Profit | $180,365 |
Operating Expenses | $50,527 |
Operating Income | $129,838 |
Interest Expense | $3,600 |
Income Tax Expense | $20,000 |
Net Income | $106,238 |
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 $351,000 million, what is the return on assets (ROA)?
- What is the return on equity (ROE) if Apple’s total equity is $65,000 million?
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