The financial statements for Apple Inc appear in Appendix A at the end of this textbook Instructions Answer these questions using the Consolidated Income Statement (a) What was the percentage change in total revenue and in net income from 2013 to 2014 (b) What was the profit margin in each of the 3...

a Percentage change in total revenue 2013 to 2014 182 ...

The financial statements for Apple Inc. appear in Appendix A at the end of this textbook. Instructions

Question:

The for Apple Inc. appear in Appendix A at the end of this textbook.
Instructions
Answer these questions using the .
(a) What was the percentage change in total revenue and in net income from 2013 to 2014?
(b) What was the profit margin in each of the 3 years? (Use "Total Revenue.") Comment on the trend.
(c) What was Apple's gross profit rate in each of the 3 years? (Use "Net Sales" amounts.) Comment on the trend.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is...