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

Required 

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

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

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

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

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$ ilions Current Year Prior Year Liabilities + Equity $338,516 $365,725 Net income 55,256 59,531 Revenues 260,174 265,595