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Requirement 2. Compute the following ratios, briefly describe what they measure, and what the changes...

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Accounting

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Requirement 2. Compute the following ratios, briefly describe what they measure, and what the changes may mean. Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) Apple Inc. ,.........-. .......-...--- Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions, except per share amounts) Total shareholders' equity, beginning balances Common stock and additional paid-in capital: Beginning balances Common stock issued Common stock withheld related to net share settlement of equity awards Share-based compensation Ending balances Retained earnings: Beginning balances Net income Dividends and dividend equivalents declared Common stock withheld related to net share settlement of equity awards Common stock repurchased Cumulative effects of changes in accounting principles Ending balances Accumulated other comprehensive income/(loss): See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOI INATFN ST TFMFNTS OF C.ASH FI OWS

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