Instructions: Use the financial statement information of Apple Inc. for the year ended September $28,2019$ and September $29,2018,$ located in the Appendix of the textbook $($p$.$ A$-1$ thru A$-8)$ to answer the following questionsNote: The amounts given in financial statements are given in millions so when answering questions on $ amounts in financial statements, use the amounts shown without adding o$$s for millions$1.$ What kind of business entity is Apple, Inc., a Sole Proprietorship, Partnership or Corporation? How can you tell?. $2$What is the amount of Total Current Assets for Apple, Inc for the year ended September $28,2019?($Refer to the Consolidated Balance Sheets on p$.$ A$-1)$Did Apple$$s Net Income increase or decrease from the prior year?$($b$)$ Calculate the Gross Margin ratio for Apple using the Consolidated Statements of Operations for the year ended September $28,2019?$Did Apple$$s Operating IncomInstructions: Use the financial statement information of Apple Inc. for the year ended September $28,2019$ and September $29,2018,$ located in the Appendix of the textbook $($p$.$ A$-1$ thru A$-8)$ to answer the following questionsNote: The amounts given in financial statements are given in millions so when answering questions on $ amounts in financial statements, use the amounts shown without adding o$$s for millions$1.$ What kind of business entity is Apple, Inc., a Sole Proprietorship, Partnership or Corporation? How can you tell?. $2$What is the amount of Total Current Assets for Apple, Inc for the year ended September $28,2019?($Refer to the Consolidated Balance Sheets on p$.$ A$-1)$Did Apple$$s Net Income increase or decrease from the prior year?$($b$)$ Calculate the Gross Margin ratio for Apple using the Consolidated Statements of Operations for the year ended September $28,2019?$Did Apple$$s Operating Incom