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Financial Ratios - Apple Inc. Apple Inc. has provided the following financial data for the fiscal year ended September 30, 2023: Total Assets: $400,000 million
Financial Ratios - Apple Inc.
Apple Inc. has provided the following financial data for the fiscal year ended September 30, 2023:
- Total Assets: $400,000 million
- Total Liabilities: $200,000 million
- Net Income: $50,000 million
- Total Revenue: $300,000 million
- Total Expenses: $250,000 million
- Average Shareholders' Equity: $250,000 million
Calculate the following financial ratios for Apple Inc.:
a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin
Interpret each ratio and discuss the financial performance of Apple Inc. based on these ratios.
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