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Apple Increported Revenues of 234 Billion USD and Net Income of of 53

question 46

Multiple Choice

Apple Inc.reported revenues of 234 billion USD and net income of 53 billion USD in 2015.These figures represent a stunning annual growth in revenue and net income of 28 percent and 33 percent,respectively,for 2014.This information indicates the importance of using ________ to evaluate company financial performance.


Definitions:

Break-even

The point at which total revenue equals total costs, resulting in no net loss or gain.

Selling Price

Selling Price is the amount of money charged for a product or service, determined by considering factors such as cost of production, market demand, and competition.

Operating Income

Income generated from the core operations of a business, excluding non-operating revenue and expenses.

Selling Price

The charge or fee extended to the purchaser for a product or service, typically aiming to cover costs and generate profit.

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