The financial statements of Apple are presented in Appendix D. The company's complete annual report, including the
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(Round to one decimal place.)
(a) What was the percentage change in (1) total revenue (net sales) and in (2) net income from 2011 to 2012 and from 2012 to 2013?
(b) What was the company's gross profit margin rate in 2011, 2012, and 2013?
(c) What was the company's percentage of net income to total revenue in 2011, 2012, and 2013?
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...
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Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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