The following information was taken from Apple Inc.'s 2017 financial statements. Numbers are in millions. Required a.

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The following information was taken from Apple Inc.'s 2017 financial statements. Numbers are in millions.

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a. What was Apple's return on assets for 2017 and 2016 ?

b. Based on your answer from part $a$, how did the company's performance change from 2016 to $2017 ?$

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 16, 2024 05:02 AM

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The following information was taken from Apple Inc.'s 2017 financial statements. Numbers are in millions. Required a.

Question:

Net income Total assets 2017 $ 48,351 375,319 2016 $ 45,687 321,686

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Financial Accounting For Undergraduates

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