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    In 2017,Apple Inc
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In 2017,Apple Inc

Question 197

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%

Correct Answer:

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