Profitability Ratios Using the link to financial statement below. Calculate the following: https://www.apple.com/newsroom/pdfs/Q3FY18ConsolidatedFinancialStatements.pdf 1. Profit Margin 2. Gross Margin 3. Return on Assets 4. Fixed Asset Turnover 5. Return on Equity For each of the above ratios solve the following (using statement date June 30, 2018 - 9 months ended June 30, 2018 where applicable): 1. Calculate each ratio (round to 2 decimals) - 1 mark per calculation - total of 5 marks 2. Include the formula and show your work - 1 mark per calculation - total of 5 marks 3. Explain what the ratio means - 1 mark per calculation - total of 5 marks 4. Explain if the ratio number is good or bad for the company