Use Apple's financial statements in Appendix A to answer the following.

Required:

$1.$ Compute Apple's profit margin for fiscal years ended

$($a$)$ September $28,2019,$ and

$($b$)$ September $29,2018$

$2.$ Is Apple's profit margin on a favorable or unfavorable trend?

$3.$ For the fiscal year ended September $28,2019,$ what amount is credited to Income Summary to summarize its revenues earned?

Hint make sure to consider any "Other income" reported on Apple's income statement.

$4.$ For the fiscal year ended September $28,2019,$ what amount is debited to Income Summary to summarize its expenses incurred?

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Required $4$

Compute Apple's profit margin for fiscal years ended $($a$)$ September $23,2019,$ and $($b$)$ September $29,2018.$

Note: Round your percentage answers to $1$ decimal place.

a$)$ September $28,2019$

b$)$ September $29,2018$

$\%$

$\%$