Use Apple's financial statements in Appendix A to answer the following.
Requlred:
Using fiscal as the base year, compute trend percents for fiscal years and for total net sales, total cost of
sales, operating income, other income expense net, provision for income taxes, and net income.
Compute commonsize percents for fiscal years and for the following categories of assets: a total current assets; b
property, plant and equipment, net; and accounts receivable, net.
Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid
in
Complete this question by entering your answers in the tabs below.
Using fiscal as the base year, compute trend percents for fiscal years and for total net sales, total cost of sales, operating income, other income
expense net, provision for income taxes, and net income.
Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to decimal place.
