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What is apple return on assets for the current year

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Reference no: EM132557612

Key financial figures for Apple's two most recent fiscal years follow.

$ Millions                    Current Year               Prior Year

Liabilities & Equity           $375,319               $321,686

Net income                         48,351                45,687

Revenues                          229,234                215,639

Required:

Question 1. What is the total amount of assets invested in Apple in the current year?

Question 2. What is Apple's return on assets for the current year?

Question 3. How much are total expenses for Apple for the current year?

Question 4. Is Apple's current-year return on assets better or worse than competitors' average of 10% return?

Reference no: EM132557612

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