Jarrod asked in Business & FinanceInvesting · 7 months ago

Good Profitability Ratios?

I'm doing a project for accounting and I needed to apply Apple's data to the standard profitability ratios. Are these results considered profitable or good? I'm not sure what to compare the percentages too.

Gross Profit - 37.82%

Return on Assets -15.69%

Profit Margin -21.24%

Asset Turnover -0.73 times

Return on Equity -22.94%

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