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Over the past three years, Apple reported the following net incomes: $48.35 billion, $57.41 billion, and $94.08 billion, respectively. Meanwhile, Microsoft reported net incomes of
Over the past three years, Apple reported the following net incomes: $48.35 billion, $57.41 billion, and $94.08 billion, respectively. Meanwhile, Microsoft reported net incomes of $39.24 billion, $44.28 billion, and $61.27 billion over the same period. Calculate the percentage increase in net income for each company from the first to the third year. Additionally, if Apple's total assets were $357.92 billion and Microsoft's total assets were $301.31 billion, compare their asset sizes.
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