Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016, 2017, and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (o) total current assets; (b) property, plant and equipment, net; and ( c accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018? Use Apples financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016,2017 , and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016, 2017, and 2018 for net sales, cos sales, operating income, other income (expense) net, provision for income taxes, and net income. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to decimal place. Use Apple's financial statements in Appendix A to answer the following Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016,2017 , and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. Note: Enter your answers in millions. Round your percentage answers to 1 decimal place. Cosvoumb Apple lae. LAEILTIES AND SHARFHOUDERS EQUTY Apple lae: CONSOL.IDATED STATKMENTS OF OPERATIONS Soe accompanying Notes to Coeaclitaled fhinancial Seitements. see wroompanying Noers $0 CanactkLhed f Apple Ine. Apde Iac. Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016, 2017, and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (o) total current assets; (b) property, plant and equipment, net; and ( c accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018? Use Apples financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016,2017 , and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016, 2017, and 2018 for net sales, cos sales, operating income, other income (expense) net, provision for income taxes, and net income. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to decimal place. Use Apple's financial statements in Appendix A to answer the following Required: 1. Using fiscal 2016 as the base year, compute trend percents for fiscal years 2016,2017 , and 2018 for net sales, cost of sales, operating income, other income (expense) net, provision for income taxes, and net income. 2. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts recelvable, net. 3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018 ? Complete this question by entering your answers in the tabs below. Compute common-size percents for fiscal years 2017 and 2018 for the following categories of assets: (a) total current assets; (b) property, plant and equipment, net; and (c) accounts receivable, net. Note: Enter your answers in millions. Round your percentage answers to 1 decimal place. Cosvoumb Apple lae. LAEILTIES AND SHARFHOUDERS EQUTY Apple lae: CONSOL.IDATED STATKMENTS OF OPERATIONS Soe accompanying Notes to Coeaclitaled fhinancial Seitements. see wroompanying Noers $0 CanactkLhed f Apple Ine. Apde Iac