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Last year Apple reported total revenues of $770 billion. It also reported a net profit margin of 14% and it expects revenues to increase by
Last year Apple reported total revenues of $770 billion. It also reported a net profit margin of 14% and it expects revenues to increase by 5% next year. Calculate the expected net profits (in $ billions, rounded to one decimal place, e.g., $23.4 ) for next year assuming the net profit margin is expected to remain constant
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