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For this Homework google Apples financial statement For 2020. Enter all dollar amounts in millions. You may create a spreadsheet if you prefer. What was
For this Homework google Apples financial statement
For 2020. Enter all dollar amounts in millions. You may create a spreadsheet if you prefer.
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What was Apples Net Income?
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What was average owners equity? (show work for all calculations)
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Return on Equity (ROE):
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Total sales
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Profit margin
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Average assets
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Return on Assets:
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Asset Turnover
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Equity Multiplier
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Calculate ROE using the DuPont Identity (remember to show work; this should be the same answer as 3 above).
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