Question: Scenario 4: Financial Statement Analysis - Apple Inc. Apple Inc. has provided the following information for the fiscal year ended September 30, 2023: Total Assets:

Scenario 4: Financial Statement Analysis - Apple Inc.

Apple Inc. has provided the following information for the fiscal year ended September 30, 2023:

    • Total Assets: $357,266 million
    • Total Liabilities: $259,034 million
    • Net Income: $94,098 million
    • Total Revenue: $366,622 million
    • Total Expenses: $272,524 million
    • Average Shareholders' Equity: $98,232 million

Calculate the following financial ratios for Apple Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Apple Inc. based on these ratios.

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