1. Does Apple's capital structure differ from its industry average? Why or why not? (Industry averages should be taken from Bloomberg). Propose a change to their existing capital structure that you believe will benefit the firm. Justify your reasons for this change. Include the new values of the capital structure ratios that result from your proposed change.

Finally, include the impact on the firm's stock price resulting from changes to the capital structure, i.e., issuance of additional equity shares or new debt issuance. The construction of a Market Value Balance Sheet with the existing capital structure and the proposed capital structure should be included.