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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:

  1. What is Apple's gross profit margin?
  2. Calculate Apple's operating profit margin.
  3. Determine Apple's net profit margin.
  4. If Apple’s total assets are $351,000 million, what is the return on assets (ROA)?
  5. What is the return on equity (ROE) if Apple’s total equity is $65,000 million?

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