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I need help solving the ones with the red X. Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal

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I need help solving the ones with the red X.

Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2017 as the base year, compute trend percents for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2018 and 2019 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using fiscal 2017 as the base year, compute trend percents for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place. Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2017 as the base year, compute trend percents for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2018 and 2019 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019 ? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute common-size percents for fiscal years 2018 and 2019 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. Note: Enter your answers in millions. Round your percentage answers to 1 decimal place. Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2017 as the base year, compute trend percents for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2018 and 2019 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019? x Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019? Apple Inc. CONCOI InATET DA A NCE CHEETE See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions) See accompanying Notes to Consolidated Financial Statements. Appie inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Years ended Cash, cash equivalents and restricted cash, beginning balances Operating activities Net income \begin{tabular}{l} September 28, 2019 \\ $25,913 \\ \hline \end{tabular} 52,256 \begin{tabular}{l} September 29, 2018 \\ \$ 20,289 \\ \hline \end{tabular} 59,531 \begin{tabular}{l} September 30, 2017 \\ $20,484 \\ \hline \end{tabular} 48,351 Adjustments to reconcile net income to cash generated by operating activities: Depreciation and amortization Share-based compensation expense Deferred income tax expense (benefit) Other 12,547 10,903 10,157 \begin{tabular}{l} Share- \\ Deferre \\ Other \\ \hline Changes \end{tabular} 6,068 (340) 5,340 4,840 Changes in operating assets and liabilities: (652) (32,590) 5,966 (444) (166) See accompanying Notes to Consolidated Financial Statements

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