in year 2016, Apple Inc. had profit margin of 27.8% Le assets) it generated 27.8 cents of profit per dollar of sales an asset turnover of Le generated 670 cent of a nua sales per dollar a) The profit margin indicates that Apple has high pricing power it can charge high prices relative to costs low pricing powerit cannot charge high prices relative to costs high production efficiency it has very low costs The asset turnover indicates that Apple is relatively inefficient in generating sales per dollar of assets extremely efficient in generating sales per dollar of assets extremely efficient in generating assets per dollar of sales b) Compute Apple's return on investment (ROI) ROI % (if your answer is 15.3%, enter 15.3 without the percent sign; round your answer to one digit after the decimal point, i.e., enter 15.3 not 15 or 15.332) c) Huawei Technologies is a major manufacturer of low-cost Android phones. Think about Apple vs Huawei. Which company likely has higher profit margin?Apple Huawei Which company likely has higher asset turnover? Apple Huawei