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Consider the following profit and loss statements for three well-known companies: Company A: Apple Inc. Revenue ($) Cost of Goods Sold ($) Operating Expenses ($)

Consider the following profit and loss statements for three well-known companies:

Company A: Apple Inc.

Revenue ($)

Cost of Goods Sold ($)

Operating Expenses ($)

Interest Expenses ($)

Taxes ($)

Net Income ($)

$365.7 billion

$169.4 billion

$52.8 billion

$2.7 billion

$45.2 billion

?

Company B: Amazon.com Inc.

Revenue ($)

Cost of Goods Sold ($)

Operating Expenses ($)

Interest Expenses ($)

Taxes ($)

Net Income ($)

$386.1 billion

$250.6 billion

$92.4 billion

$1.7 billion

$18.5 billion

?

Company C: Alphabet Inc. (Google)

Revenue ($)

Cost of Goods Sold ($)

Operating Expenses ($)

Interest Expenses ($)

Taxes ($)

Net Income ($)

$182.5 billion

$55.6 billion

$69.1 billion

$1.6 billion

$19.3 billion

?

Requirements:

  • Calculate the net income for each company.
  • Analyze the profitability of each company based on the net income.
  • Discuss potential factors contributing to differences in net income among the companies.

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