Use Apple's financlal 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. 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, cost of sales, operating inico 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 1 decimal place. Complete this question by entering your answers in the tabs below. Compute common-ize 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. Complete this question by entering your answers in the tabs below. Using current asset's as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2018? CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) See accompanying Notes to Consolidated Financtal Statrments. Apple Inc. ONSOLIDATED STATEMENIS OF COMPREHENSIVE INCOME See accompanying Notes to Consolidated Financial Suaments Apple Ine. CONSOLIDATEDSTATEMENTS OF SHAREHOLDERS' EQUITY (Ie dullaoss, except namber of shares whis ate reflected in ihousands) Apple Ine. CONSOLIDATED STATEMENIS OF CASH FLOWS (In miflions)