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Your parents are considering investing in Apple Inc.'s common stock. They ask you, as an accounting expert, to make an analysis of the company for

Your parents are considering investing in Apple Inc.'s common stock. They ask you, as an accounting expert, to make an analysis of the company for them. Financial statements of Apple are presented in Appendix A. The complete annual report, including the notes to its financial statements, is available at the companys website.

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Make a 5-year trend analysis, using 2014 as the base year, of (1) net sales and (2) net income. (Round percentages to 0 decimal places, e.g. 15% and enter amounts in millions.)

APPLE INC. Trend Analysis of Net Sales and Net Income For the Five Years Ended 2018

2018

2017

2016

2015

2014

(1)

Net sales

$enter net sales in millions $enter net sales in millions $enter net sales in millions $enter net sales in millions $enter net sales in millions

Trend

enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place %

(2)

Net income

$enter net income in millions $enter net income in millions $enter net income in millions $enter net income in millions $enter net income in millions

Trend

enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place % enter trend in percentages rounded to 0 decimal place

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