Refer to Apple's financial statements in Appendix A to answer the following. 1. Using fiscal 2010 as

Question:

Refer to Apple's in Appendix A to answer the following.
1. Using fiscal 2010 as the base year, compute trend percents for fiscal years 2010, 2011, and 2012 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. (Round percents to one decimal.)
2. Compute common-size percents for fiscal years 2011 and 2012 for the following Categories of assets:
(a) Total current assets,
(b) Property, plant and equipment, net,
(c) plus acquired net. (Round percents to one decimal.)
3. Comment on any notable changes across the years for the income statement trends computed in part 1 and the percents computed in part 2. Fast Forward
4. Access Apple's for fiscal years ending after September 29, 2012, from its Website (Apple.com) or the SEC database (www.sec.gov). Update your work for parts 1, 2, and 3 using the new information accessed.
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