In 2017,Apple Inc

question 197

Multiple Choice

In 2017,Apple Inc.reported sales of $229.2 billion,cost of goods sold of $141 billion,and net income of $48.4 billion.Apple's gross profit margin that year was ________.

• A)38.4%
• B)21.1%
• C)61.5%
• D)17.4%

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Definitions:

Sample Space

In probability, the set of all possible outcomes or results of a particular experiment or event.

Text Messages

Short electronic messages sent over a cellular network between mobile phones.

Continuous Random Variable

A variable that is capable of assuming any value out of an infinite set within a specified range.

Final Exam

A test given at the end of a course of study to assess a student's mastery of the material.