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

Required:

Using fiscal $2017$ as the base year, compute trend percents for fiscal years $2017,2018,$ and $2019$ for total net sales, total cost of sales, operating income, other income $($expense$)$ net, provision for income taxes, and net income.

Compute common$-$size percents for fiscal years $2018$ and $2019$ for the following categories of assets: $($a$)$ total current assets; $($b$)$ property, plant and equipment, net; and $($c$)$ accounts receivable, net.

Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in $2019?$

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

Required $2$

Required $3$

Compute common$-$size percents for fiscal years $2018$ and $2019$ for the following categories of assets: $($a$)$ total current assets;

$($b$)$ property, plant and equipment, net; and $($c$)$ accounts receivable, net.

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

$\backslash$table$[[$Total current assets,$2019,2018],[\backslash$table$[[$Property$,$ plant and equipment, net$],[$Accountcm$]],\%,\%$