Question

41,940 The following summarized data (amounts in millions) are taken from the September 27, 2014, and September 28, 2013, comparative financial statements of Apple Inc., a manufacturer of mobile communication and media devices, personal computers, portable digital music players, and seller of a variety of related software, services, accessories, networking solutions, and third-party digital content and applications: (Amounts Expressed in Millions) For the Fiscal Years Ended September 27 and September 28, respectively: 2014 2013 Net sales $ 108,400 $ 65,370 Costs of sales 64,580 39,690 Operating income 33,950 18,530 Net income $ 26,050 $ 14,160 At Year End: Assets Current assets: Cash and cash equivalents $ 9,580 $ 10,630 Short-term marketable securities 16,280 14,510 Accounts receivable, less allowances of $84 and $99, respectively 5,520 5,670 Inventories 930 1,200 Deferred tax assets 2,170 1,780 Vendor nontrade receivables 6,500 4,560 Other current assets 4,680 3,590 Total current assets 45,660 Long-term marketable securities 85,770 25,540 Property, plant, and equipment, net 7,930 22,670 Goodwill 1,060 890 Acquired intangible assets, net 3,690 490 Other assets 3,710 2,410 Total assets $ 147,820 $ 93,940 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ $ 12,160 Accrued expenses 9,400 5,870 Deferred revenue 4,250 3,130 Commercial paper 6,548 Total current liabilities 34,978 21,160 Deferred revenue-noncurrent 1,840 1,290 Long-term debt 23,452 17,760 Other noncurrent liabilities 10,260 5,680 Total liabilities 70,530 45,890 Shareholders' Equity: Common stock and additional paid-in capital, $0.00001 par value, 1,900,000 shares authorized; 929,430 and 916,130 shares issued and outstanding, respectively 13,490 10,810 Retained earnings 63,200 37,320 Accumulated other comprehensive income (loss) 600 (-80) Total shareholders' equity 77,290 48,050 Total liabilities and shareholders' equity $ 147,820 $ 93,940 14,780 At September 29, 2012, total assets were $47,820 and total shareholders' equity was $31,800.

Answer 1

Required ay Apple Ine's Amount in Current Assets aurent liability. working Capital 2014 45660 - 34978 il $ 10682 u 1940 2013 21160 $ 20780

Curunt Ratio Curent Assets Current Liabilities 2014 45660 34978 1-31 1.3 uiguo times. soppress) times. (appron) 2013 21160 1.98 times. times tappetox). ( (approx) 2 Acid - test Ratio Liquid Assets iqti Current Habelties Liquid Assets Cash and Cash equivalent + Market Securities tAccount Recein vendors Non-tradeable receivabl 2014 9580 + 16280 +5520 +6500 34978 37880 34978 Tol time Coppron. 2013 10 630 +14510 +5070 + 4560 21160 35370 2,160 1.7 times

b> ROE Return on Equity ROE Net Income Total Shawholders Equity 2014 26050 77290 33.7 %. 2013 cl 1416o 48050 - 29.57 c) ROI 1 Margin Rato x Turnover. 2014 31.3 %. Xo.g 28.2 % ( (appron) 2013 28-3 V. X 0.9 P 25.5 Y. (approx)

Marginal Ratio : operating profit Net sabes 2014 33950 108 400 31.3 % 2013 1 18530 65370 28-3%. Tunomer that Sales Invested Capital 201u 2 108400 77290 +23452+10260+ 6548 108400 117550 2 65370 2013 48050t 17760+ 5680 to 653 to 714go 0.9
invested capital means a capital wich is invested to run the bussiness

Like , share holders euity , long term debts , commercial paper and other credit