1. Apple Inc.
   • Requirement 1: Compute the Return on Assets (ROA) for Apple Inc. using the following information:
     • Net Income: $60,000,000
     • Total Assets: $500,000,000
2. Requirement 2: Calculate the Acid-Test (Quick) Ratio for Apple Inc. based on the balance sheet data:
   • Cash and Cash Equivalents: $50,000,000
   • Accounts Receivable: $100,000,000
   • Inventories: $30,000,000
   • Current Liabilities: $120,000,000

• Requirement 3: Prepare a statement of cash flows for Apple Inc. for the year ended December 31, 2023, using the following information:
  • Net Income: $80,000,000
  • Depreciation Expense: $20,000,000
  • Increase in Accounts Receivable: $10,000,000
  • Decrease in Inventory: $5,000,000
  • Payment of Dividends: $15,000,000
  • Purchase of Property, Plant, and Equipment: $30,000,000
  • Issuance of Common Stock: $25,000,000