Question
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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