The Apple, Inc. financial statements are taken from the companys 2013 Form 10-K. To access Apples Form 10-K, including notes to the financial statements, follow these link: http://investor.apple.com/secfiling.cfm?filingID=1193125-13-416534&CIK=320193

Refer to the notes to consolidated financial statements.

Refer to Apple's financial statements and answer the following questions What was the percentage change in (1) sales and in (2) net income from 2011 to 2012 and from 2012 to 2013? (Round answers to 1 decimal place, e.g. 15.2%.) 2012 2013 a Percentage change in sales Percentage change in net income LINK TO TEXT What was the company's gross profit rate in 2011, 2012, and 2013? (Round answers to 1 decimal place, e.g. 15.2%) 2011 2012 2013 Gross profit rate LINK TO TEXT What was the company's percentage of net income to net sales in 2011, 2012, and 2013? (Round answers to 1 decimal place, e.g. 15.2%) 3 2011 2012 2013 Percentage of net income to sales What is the trend of the company's percentage of net income to net sales? The percentage of net income to sales from 2011 to 2012 The percentage of net income to sales from 2012 to 2013 what was the effect of the gross profit rate? during this time. The gross profit rate has