All of the answers to the following questions can be found in Apples 2017 annual report.

1. What percentage of Apples Total Assets does Cash and Cash Equivalents make up in 2017?

2. What has been the general trend in Apples cash from operations over the last three years?

Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 30, 2017 September 24, 2016 2015 Net sales Cost of sales 229,234 $ 41,048 88,186 215,639 S 131,376 233,715 40,089 93,626 Gross margin 84,263 Operating expenses: Research and development Selling, general and administrative 11,581 15,261 26,842 10,045 14.194 24,239 8,067 14,329 22,396 Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income 71,230 1,285 72,515 19,121 53,394 61,344 60,024 2,745 64,089 15,738 48,351 $ 1,348 61,372 15,685 45,687 S Earnings per share 9.27 $ 9.21 $ Basic 8.35 S 8.31 S 9.28 9.22 Diluted Shares used in computing earnings per share 5,217,242 5,251,692 5,753,421 5,793,069 Basic 5,470,820 Diluted 5,500,281 Cash dividends declared per share 2.40 $ 2.18 S 1.98 See accompanying Notes to Consolidated Financial Statements