Question $5($Mandatory$)(3$ points$)$

Looking at the prior three years for Apple, the income statement shows the

following:

Apple decreased its sales and its net income, likely because customers

delayed purchasing new phones and computers due to unemployment and

reduced earnings.

Apple increased sales and net income dramatically. Customers chose to

spend more of their budget on Apple products.

Sales and Net Income increased by amounts of around $5\%$ and $3\%$

respectively.

Sales and net income increased from $2021$ to $2022$ and then declined from

$2022$ to $2023.$