Apple has the following product line information for the current year. Some data are assumed. $...
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Apple has the following product line information for the current year. Some data are assumed. $ millions Sales Services $ 46,291 33,330 Contribution margin iPhone $ 142,381 68,343 Required: 1. Compute the contribution margin ratio for both product lines for the current year. 2. Which product line performed better based on contribution margin ratio? Apple has the following product line information for the current year. Some data are assumed. $ millions Sales Services $ 46,291 33,330 Contribution margin iPhone $ 142,381 68,343 Required: 1. Compute the contribution margin ratio for both product lines for the current year. 2. Which product line performed better based on contribution margin ratio?
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Related Book For
Financial And Managerial Accounting
ISBN: 9780357714041
16th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William Tayler
Posted Date:
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