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Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year $ 338,516 55,256 260,174
Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year $ 338,516 55,256 260,174 Prior Year $ 365,725 59,531 265,595 Required: 1. What is the total amount of assets invested in Apple in the current year? 2. What is Apple's return on assets for the current year? 3. How much are total expenses for Apple for the current year? 4. Is Apple's current-year return on assets better or worse than competitors' {verage of 10% return? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the total amount of assets invested in Apple in the current year? (Enter your answer in millions of dollars.) Total amount of assets (in 5 milions) Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Reqfired 2 Required 3 Required 4 What is Apple's return on assets for the current year? (Round your percentage answer to 1 decimal place.) Return on assets % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 How much are total expenses for Apple for the current year? (Enter your answer in millions of dollars) Topen in milions) Required 2 Required 4 > Required 1 Required 2 Required 3 Required 4 Is Apple's current-year return on assets better or worse than competitors' average of 10% return? Apple's current-year return on assets
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