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.

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

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Definitions:

Survey

A method of gathering information from a sample of individuals, often used to collect data on opinions, behaviors, or characteristics.

Population

A group of individuals of the same species living and interacting within a given area at a particular time.

Advance Knowledge

Prior information or understanding gained before engaging in a specific task or situation.

Case Study

An in-depth investigation of a single subject, group, event, or community over time.