Question: FSA 1-1 Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year Prior Year

FSA 1-1 Key financial figures for Apple's two most recent fiscal

FSA 1-1 Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year Prior Year $365,725 $375,319 59,531 48,351 265,595 229,234 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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