Lab 8-1 Analysis Perform the Analysis for Apple Inc. Required: a. What was the revenue for 2016? b. Which year had the highest net income? c. What is the appropriate normalized account for Gross Margin/Gross Profit? d. Each of the values that you created in Lab Parts 1 through 3 show the values as a percentage of revenue. Input the percentages for the values shown in the table below. (Enter your percentage answers rounded to two decimal places.) a. Revenue for 2016 2016 Gross margin b. Year with highest net income c. Appropriate normalized account d. Gross profit in 2015 Earnings Before Taxes in 2014 % % Net Income in 2016 % Lab 8-1 Analysis Perform the Analysis for Apple Inc. Required: a. What was the revenue for 2016? b. Which year had the highest net income? c. What is the appropriate normalized account for Gross Margin/Gross Profit? d. Each of the values that you created in Lab Parts 1 through 3 show the values as a percentage of revenue. Input the percentages for the values shown in the table below. (Enter your percentage answers rounded to two decimal places.) a. Revenue for 2016 2016 Gross margin b. Year with highest net income c. Appropriate normalized account d. Gross profit in 2015 Earnings Before Taxes in 2014 % % Net Income in 2016 %