MANAGERIAL ACCOUNTING ACCT 2302 >IC<
MANAGERIAL ACCOUNTING ACCT 2302 >IC<
5th Edition
ISBN: 9781259690440
Author: Wild
Publisher: MCG CUSTOM
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Chapter 13, Problem 14DQ
To determine

Concept introduction:

Profit Margin Ratio:

Profit Margin Ratio is a profitability ratio that represents the percentage income earned on the sales. It is calculated by dividing the Net Income by the Sales. The formulas to calculate the Profit margin is as follows:

Profit Margin = Operating IncomeSales 

To calculate:

The Profit Margin for Apple for two years.

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Chapter 13 Solutions

MANAGERIAL ACCOUNTING ACCT 2302 >IC<

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How To Analyze an Income Statement; Author: Daniel Pronk;https://www.youtube.com/watch?v=uVHGgSXtQmE;License: Standard Youtube License