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Return on Assets The following information was taken from recent Apple Inc. financial statements. Numbers are in millions. Year 2 Year 1 Net Income $27,422
Return on Assets The following information was taken from recent Apple Inc. financial statements. Numbers are in millions. Year 2 Year 1 Net Income $27,422 $15,513 Total Assets 116,371 75,183 Required a. What was Apple's return on assets for Year 2 and Year 1? (Round to one decimal point) b. Based on your answer from part a., how did the company's performance change from Year 1 to Year 2? a. Return on Assets b. Year 2 0% Previous Year 1 0% Apples's performance, as measured by its return on assets, Please answer all parts of the question. Save Answers from Year 1 to Year 2. Next >
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