Question

Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions)...

Apple Inc. reports the following for three of its geographic segments for a recent year.

($millions) Americas Europe China
Operating income $ 31,186 $ 16,527 $ 23,002
Sales 93,864 50,337 58,715


Compute profit margin for each division. (Round your answers to 1 decimal place.)

Homework Answers

Answer #1
1)
Americas Europe China
Profit Margin 33.2% 32.8% 39.2%
Working:
Profit Margin = Operating income/Sales
Americas Europe China
Operating income (a) $         31,186 $       16,527 $       23,002
Sales (b) $         93,864 $       50,337 $       58,715
Profit Margin (a) /(b) 33.2% 32.8% 39.2%
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