Apple Inc Reported Revenues of 171 Billion USD and Net Income

question 84

Multiple Choice

Apple Inc. reported revenues of 171 billion USD and net income of 37 billion USD in 2012. These figures represent a stunning annual growth in revenue and net income of 57 percent and 43 percent, respectively, for the 2011 to 2013 time period. This information indicates the importance of using __________ to evaluate company financial performance.

• A)financial ratios
• B)industry norms
• C)historical comparisons
• D)competitor analysis

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Definitions:

District of Columbia

The capital city of the United States, Washington D.C., which is not part of any state and has a unique legal and administrative status.

Self-defense

The right to use reasonable force to protect oneself or others from physical harm.

Prior Restraint

A legal measure that prohibits speech or media from being published on the basis that it is harmful, often challenging the principle of freedom of speech.

Cell Phone Conversations

Verbal communications conducted through mobile phone devices.