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Using the provided income statement of Apple Inc. for the years ended December 31, 2020, 2019, and 2018: Calculate the gross profit margin for each

Using the provided income statement of Apple Inc. for the years ended December 31, 2020, 2019, and 2018:

  1. Calculate the gross profit margin for each year.
  2. Determine the operating profit margin for each year.
  3. Compute the net profit margin for each year.
  4. Compare the three profit margins across the three years and analyze any trends.

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