Question: please answer question p2-50. please note that there are sections a, b, c. Info about Apple, inc is listed. Thank you 2017. Cost of Gross

please answer question p2-50. please note that there are sections a, b, c. Info about Apple, inc is listed. Thank you

please answer question p2-50. please note that there are sections a, b,

2017. Cost of Gross Net Profit Income Assets Liabilities Sales Equity ($ millions) Sales $ 69,449 Comcast Corporation. . . . $ 84,526 $59, 142 $22,900 $186,949 $117,500 $ 25,384 48,351 375,319 241,272 88, 186 134,047 Apple Inc. . . ... 229,234 141,048 4,240 23,259 10,852 Nike Inc.. 34,350 19,038 15,312 38,999 20,754 2,934 27,290 12,407 11,709 Target Corporation . .. 71,879 51, 125 1,653 522 9,973 8,129 Harley-Davidson Inc. . 4,915 3,262 1,844 REQUIRED a. Compare and discuss how these companies finance their operations. b. Which companies report the highest ratio of income to assets (net income/total assets) Suggest a reason for this result. C. Which companies have the highest estimated ROE? Is this result a surprise? Explain. P2-50. Comparing Operating Characteristics Within an Industry Selected data from Hewlett-packard Company at October 31, 2017, follow. Cost of Gross Net ($ millions) Sales Sales Profit Income Assets Liabilities Equity Hewlett-packard . .. ... $52,056 $42,478 $9,578 $2,526 $32,913 $36,321 $ (3,408) REQUIRED a. Using the data for Apple Inc. in P2-49, compare and discuss the two companies on the basis of how they finance their operations. b. Which company reports the higher ratio of income to assets (net income/total assets)? Sugges a reason for this result. C. Which firm has the higher gross margin (gross profit as a percentage of sales)? What factor might account for the difference

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