How do I calculate times interest earned for from this? (in millions) 2016 2015 Revenue Product $61,502 $75,956 Service 23,818 17,624 Total revenue 85,320 93,580 Cost of revenue Product 17,880 21,410 Service and other 14,900 11,628 Total cost of revenue 32,780 33,038 Gross margin 52,540 60,542 Research and development 11,988 12,046 Sales and marketing 14,697 15,713 General and administrative 4,563 4,611 Impairment, integration, and restructuring 1,110 10,011 Operating income 20,182 18,161 Dividends and interest income 903 766 Interest expense (1,243) (781) Other income (expense), net (91) 361 Income before taxes 19,751 18,507 Provision for income taxes 2,953 6,314 Net income $16,798 $ 12,193
How do I calculate times interest earned for from this? (in millions) 2016 2015 Revenue Product $61,502 $75,956 Service 23,818 17,624 Total revenue 85,320 93,580 Cost of revenue Product 17,880 21,410 Service and other 14,900 11,628 Total cost of revenue 32,780 33,038 Gross margin 52,540 60,542 Research and development 11,988 12,046 Sales and marketing 14,697 15,713 General and administrative 4,563 4,611 Impairment, integration, and restructuring 1,110 10,011 Operating income 20,182 18,161 Dividends and interest income 903 766 Interest expense (1,243) (781) Other income (expense), net (91) 361 Income before taxes 19,751 18,507 Provision for income taxes 2,953 6,314 Net income $16,798 $ 12,193
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
How do I calculate times interest earned for from this?
|
(in millions) |
2016 |
2015 |
|
Revenue |
|
|
|
Product |
$61,502 |
$75,956 |
|
Service |
23,818 |
17,624 |
|
Total revenue |
85,320 |
93,580 |
|
Cost of revenue |
|
|
|
Product |
17,880 |
21,410 |
|
Service and other |
14,900 |
11,628 |
|
Total cost of revenue |
32,780 |
33,038 |
|
Gross margin |
52,540 |
60,542 |
|
Research and development |
11,988 |
12,046 |
|
Sales and marketing |
14,697 |
15,713 |
|
General and administrative |
4,563 |
4,611 |
|
Impairment, integration, and restructuring |
1,110 |
10,011 |
|
Operating income |
20,182 |
18,161 |
|
Dividends and interest income |
903 |
766 |
|
Interest expense |
(1,243) |
(781) |
|
Other income (expense), net |
(91) |
361 |
|
Income before taxes |
19,751 |
18,507 |
|
Provision for income taxes |
2,953 |
6,314 |
|
Net income |
$16,798 |
$ 12,193 |
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