Apple, Inc., designs and markets innovative hardware, software, peripherals, and services, including the iPhone®, iPad®, Mac®, iPod®,

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Apple, Inc., designs and markets innovative hardware, software, peripherals, and services, including the iPhone®, iPad®, Mac®, iPod®, Apple TV®, and Apple Watch®, The following information was reported in a recent annual report for available-for-sale securities:
Apple, Inc., designs and markets innovative hardware, software, peripherals, and

Required:
1. Compute the economic return from investing ratio for the current year.
2. What do the results in requirement (1) suggest about Apple, Inc.?

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Financial Accounting

ISBN: 978-1259222139

9th edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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