Key financial figures for Apple's fiscal year ended September 26, 2015, follow.
Key Figure ___________________________ $ Millions
Liabilities + Equity ................................... $290,479
Net income ............................................ 53,394
Revenues ............................................... 233,715
Required
1. What is the total amount of assets invested in Apple?
2. What is Apple's return on assets for fiscal year 2015? Its assets at September 27, 2014, equal $231,839 (in millions).
3. How much are total expenses for Apple for the year ended September 26, 2015?
4. Does Apple's return on assets for fiscal 2015 seem satisfactory if competitors average a 10% return?