Your answer is partially correct. Make a 5-year trend analysis, using 2016 as the base year,...

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Your answer is partially correct. Make a 5-year trend analysis, using 2016 as the base year, of (1) net sales and (2) net income. Comment on the significance of the trend results. (To satisfy this requirement you must access information regarding performance in prior years. This information is provided in the complete annual report available on the company's website) (Round percentages to O decimal places, eg. 15% and enter amounts in millions.) APPLE INC. Trend Analysis of Net Sales and Net Income For the Five Years Ended 2020 2020 (1) Net sales $ Trend 274515 27 % (2) Net income $ 57411 Trend eTextbook and Media 2019 260174 2018 265595 $ 21 % 23 % 55256 59531 26 % 21 % 30 % 2017 229234 % 2016 215639 0 % 48351 $ 45687 % % Assistance Used Your answer is partially correct. Make a 5-year trend analysis, using 2016 as the base year, of (1) net sales and (2) net income. Comment on the significance of the trend results. (To satisfy this requirement you must access information regarding performance in prior years. This information is provided in the complete annual report available on the company's website) (Round percentages to O decimal places, eg. 15% and enter amounts in millions.) APPLE INC. Trend Analysis of Net Sales and Net Income For the Five Years Ended 2020 2020 (1) Net sales $ Trend 274515 27 % (2) Net income $ 57411 Trend eTextbook and Media 2019 260174 2018 265595 $ 21 % 23 % 55256 59531 26 % 21 % 30 % 2017 229234 % 2016 215639 0 % 48351 $ 45687 % % Assistance Used