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This window shows what is correct and incorrect for the work you have complebed so far ven if all of the work you have done so far is corect, you may not have completed eweryt 10 100 ponts 100 point Selected data from the September 27, 2014, and September 28, 2013, consolidated balance sheets and income statements for the years then ended for Apple Inc. follow. All amounts are reported in mllions balance sheets and income statemients tor the years then ended for Aople Inec. followx. Alamounts are Net sales Cost of sales Research and development expenses Selling, general, and administrative expenses Operating income Other income, net Provision for income taxes 2014 2013 $31,679 $20,750 21,384 15.402 712 3,6912.873 1,104 584 2,1617 4,909 $ 3,561 Net income Required: a-1. Caloulate the amount of Apple's gross profit for each year. (Enter your answers in millions of dollars.) Answer is complete and correct Gress profit for 2014 Gross profit for 2013 0.296 5.348 5348 a-2. Has gross profit as a percentage of sales changed significantly during the past year? No b-1. Caloulate the amount of Apple's operating inoome for each year (Enter your answers in millions of dollars.)

Explanation / Answer

Ans : a1) Gross Profit =Net Sales-Cost of Sales

2014=3167 20750 9-21384=10295

2015=20750-15402=5348

Ans a-2)yes

Reason: gross profit ratio =gross profit/sales %

2014=10295/31679=32.45%

2015=5348/20750=25.77%

So there's a reduction of 6.68% in gross profit ratio

B1)operating profit=gross profit-r&d expenses-selling expenses

2014=10295-1104-3691=5500

2015=5348-712-2873=1763

B2)please provide full question to solve this part.

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