Question: For this Homework google Apples financial statement For 2020. Enter all dollar amounts in millions. You may create a spreadsheet if you prefer. What was

For this Homework google Apples financial statement

For 2020. Enter all dollar amounts in millions. You may create a spreadsheet if you prefer.

  1. What was Apples Net Income?

  1. What was average owners equity? (show work for all calculations)

  1. Return on Equity (ROE):

  1. Total sales

  1. Profit margin

  1. Average assets

  1. Return on Assets:

  1. Asset Turnover

  1. Equity Multiplier

  1. Calculate ROE using the DuPont Identity (remember to show work; this should be the same answer as 3 above).

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