Your parents are consifering investirg in Apple Inc. common atock. They ask you, us an accounting eapert, to mais an aralpais of the

comparty for them. Finarcial statements of Apple are available orline. The complete arrual report, including the nates to its financial

statrments is arailable at the compam$/\text{'}$s wibsite

Go to httpowinvester

apple.com

$(21)$

Mabe a $5-$year trend analywis, wring $2015$ as the hase yoar, of net sales and net income. $($Enter amounts in millons. Aound percentage

answers to Odecimol ploces, eg$.12$x$.)$

Compute for $2019$ and $2018$ the debt to assets ratio and times interest earned. $($Footnote $4$ reports interest expense$).($Round answers

to $1$ decimal place, eg$.15\mathrm{.}2.$ Do not leave any answer field blank. Enter O for amounts.$)$

Debt to Assets Ratio

$\%$

$9$

Times Interest Earned

times

times

$($c$)$

Compute for $2019$ and $2018$ the profit margin, asset turnower, return on assets, and return on common stockholders' equity. How

would you evaluate Apple's profitability? Total assets at September $30,2017,$ were $$375,319$ million and total stockholders' equity at$.$

September $30,2017,$ was $$134,047$ million. $($Round Asset turnover to $2$ declmal places, e$.$g$.15\mathrm{.}25$ and all other answers to $1$ decimal ploce,

eg $15\mathrm{.}2\%.)$