Key financial figures for Apple's fiscal year ended September 27, 2014, follow.
Key Figure ______________$ Millions
Liabilities + Equity . . . . . . . . . $231,839
Net income . . . . . . . . . . . . . . . . . 39,510
Revenues . . . . . . . . . . . . . . . . . 182,795
Required
1. What is the total amount of assets invested in Apple?
2. What is Apple's return on assets for fiscal year 2014? Its assets at September 28, 2013, equal $207,000 (in $ millions).
3. How much are total expenses for Apple for the year ended September 27, 2014?
4. Does Apple's return on assets for fiscal 2014 seem satisfactory if competitors average an 11% return?