The first image is the original question, the rest are the answer choices for each box.
Last two images are apples financial statements.
(1) Apple's net working capital in 2018= $14,473 m
(2) Apple's current ratio in 2018= 1.12
(3) Apple's Debt ratio in 2018= 0.71
(4) Apples Debt to Equity ratio in 2018= 2.41
(5) Apple is financed more with debt.
(6) Apples return on asset in 2018= 16.1%
(7) EPS in 2018= 12.01
(8) EPS in 2017= 8.76
(9) EPS of apple has increased from 2017 to 2018.
The first image is the original question, the rest are the answer choices for each box....
Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 29, 2018 September 30, 2017 ASSETS Current assets: Cash and cash equivalents 25,913 20,289 Marketable securitles 40.388 53.892 Accounts receivable, net 23,186 17,874 Inventories 3.956 4.855 Vendor non-trade receivables 25,809 17,799 Other current assets 12.087 13.936 Total current assets 128,645 131,339 Non-current assets Marketable securities 170.799 194.714 Property, plant and equipment, net 41,304 33,783 Other non-current assets 22,283 18.177 Total...
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Perform a horizontal analysis of the balance sheet of the Fortune 500 company, Apple. Then please summarize the balance sheet results of the horizontal analysis. Simply select some of the higher or lower %s to discuss. Focus on items you feel are more relevant and telling of the company operations. For example, you could write one paragraph on each section of the balance sheet i.e. assets, liabilities, equity. Please use the following balance sheets. Apple Inc. CONSOLIDATED BALANCE SHEETS (In...
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