This is for 2020 and 2021 Apple 10-k

Identify financial assets for 2021 and 2020, according to the definition that financial

assets is passively managed investment to earn financial income. The FA should have

nothing to do with operation. Assume that Cash and cash equivalents is included in

financial assets.

(ii)

Based on the identified financial assets, in theory, list the financial income.

(iii) Based on the list in (ii), estimate the percentage return earned on investments (ROI)

for 2021 and 2020. Adjust the numerator for tax effects; use 37% rate.

(iv)

Repeat (iii) on comprehensive basis.