even ter 3 Homework (10 points) 2 2017 $ 229,234 114,148 2016 $ 215,639 131,376 60,624 $ 45,687 ipped $ 20,29 53,892 17,874 $ 20,484 46,671 15,754 2,132 13,545 3.2) 10 17,299 13936 120,645 194,714 33,783 5,712 2,29 10.162 170,430 27.10 5,414 Print (Amounts Expressed in Millions) For the Fiscal Years Ended September 30 and September 24, respectively: Net sales costs of sales Operating income Net Income At Year End Assets Current assets Cash and cash equivalents Short-termarketable securities Accounts receivable, less allowance of 558 and $5), respectively Inventories Vendor nontrade receivables other current assets Total current assets Long-term sarketable securities Property, plant, and coprent, net Goodwin Acquired intangible assets, net Other assets Total assets Liabilities and Shareholders' Equity current liabilities Accounts payable Accrued expenses Deferred Commercial paper current portion of long-term debt current liabilities Deferred revenue noncurrent Long-tera debt Other noncurrent liabilities Total 11 abilities shareholders Equity Common stock and additional paid in capital, 50.0001 par valve, 12,600,000 shares authorized 5,125,201 and 5,316,166 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income (less) Total shareholders equity Total abilities and shareholders equity 3257 S 321,686 $ $ 49,049 25,744 7,548 11,977 6.490 2,836 97,207 40, 415 37,214 22,027 3.ee 8,105 3,500 79,6 2,90 35,874 11.432 31,251 95,364 35,7 9w, e (150) 134.047 $ 125, 119 128,249 At September 26, 2015, total assets were $290,345 and total shareholders' equity was $119.355 Required: a. Calculate Apple Inc.'s working capital, current ratio, and acid-test ratio at September 30, 2017, and September 24, 2016. b. Calculate Apple's ROE for the years ended September 30, 2017, and September 24, 2016 c. Calculate Apple's ROI, showing margin and turnover, for the years ended September 30, 2017, and September 24, 2016 Complete this question by entering your answers in the tabs below. Required A Required Required Calculate Apple Inc.'s working capital, current ratio, and acid-test ratio at September 30, 2017, and September 24, 2016, (Round your ratio answers to 1 decimal place. Enter 'Working capital in million of dollars.) 2017 2016 Working capital Current ratio Acid-test ratio ME B o