Question: Analyzing Financial Data: Trend Analysis. Presented below is selected financial data for Apple Inc., for the five-year period 2015 to 2019. Required 1. Comment on


Analyzing Financial Data: Trend Analysis. Presented below is selected financial data for Apple Inc., for the five-year period 2015 to 2019. Required 1. Comment on the relationship between the growth in net sales and the growth in net income over the period 2015 to 2019 and what that implies regarding cost expenses. Note: Round the percentages to two decimal points (i.e. show 14.445% as 14.45% ). From 2015 to 2019 sales grew by: % From 2015 to 2019 net income grew by: % Was Apple able to achieve greater efficiencies with their growth? 2. Comment on the company's financial leverage over this period. Note: Round the amounts to two decimal points (i.e. show 14.445 as 14.45 ). 3. Comment on the company's asset turnover: Note: Round the amounts to two decimal points (i.e. show 14.445 as 14.45 ). Apple's 2019 asset turnover is compared to 2015. 4. Do you believe that Apple can comfortably support paying its dividend
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