What title does Apple use for gross profit? By how much did its 2019 gross profit change and in what direction when compared to 2018
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What title does Apple use for gross profit? By how much did its 2019 gross profit change and in what direction when compared to 2018
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- What will be the gross profit at the end of the year December 2019? What will be the total selling and distribution expense? What is the gross margin in terms of percentage? What will be the net income? What will be the total operating expense?That was the total estimated gross profit recognized or realized as of December 31, 2018? What was the estimated gross profit (loss) recognized or realized for the year ended December 31, 2019?(Profitability Ratio)What is the Gross Profit Margin Ratio in 2019?
- Upon the study of the SFP For the year ended December 31, 2020. Q1. What is the total amount of sales during 2020? Q2. What is the total amount of purchases during 2020? Q3. What is the total depreciation for 2020? Q4. What is the total interest expense for 2020? Q5. What is the total net income during 2020?what is the corrected net income for 2017?Analyze the Gross profit ratio and give you a report on the same in 2020 and|2019? Gross profit Gross profit ratio= x100 Net sales In 2019= (25,361,421 /63,161,098) x100 =0.401 x100 =40.153% In 2020= (26,796,019/ 63,441,144) x100 =0.422 x100 =42.237%
- (Profitability Ratio)What is the Price Earnings Ratio in 2019?Q8: What amount will Music, Inc. report as 2021 Cost of Goods Sold on its year ending 2021 Income Statement?Questions about the Income Statement. a. List 2 expense accounts AND their amounts for 2020 b. What was the net profit/(loss) for 2020? What about 2019? c.Compared with 2019, has the net profit/(loss) increased or decreased?