Homework Answers
| Net working capital=Current assets-Current liabilities=131339-116866=$ 14473 | |
| Current ratio=Current assets/Current liabilities=131339/116866=1.12 | |
| Debt ratio=Total liabilities/Total assets=258578/365725=0.71 | |
| Debt to equity ratio=Total non-current liabilities/Total shareholder's equity=141712/107147=1.32 | |
| Financed more with debt since debt to equity ratio more than 1 | |
| Return on assets=Net income/Average total assets | |
| Average total assets=(Beginning total assets+Ending total assets)/2=(375319+365725)/2=$ 370522 | |
| Return on assets=59531/370522=0.1607=16.07% | |
| Earnings per share=Net income/Average number of common shares outstanding | |
| 2018 | |
| Earnings per share=59531/4955.377=12.01 | |
| 2017 | |
| Earnings per share=48351/5217.242=9.27 | |
| EPS increase from 2017 to 2018 | |
| Vertical analysis percentage of revenues=100% | |
| Vertical analysis percentage of cost of sale=Cost of sales/Revenue | |
| Apple: | |
| Vertical analysis percentage of cost of sale=163756/265595=0.6166=61.66% | |
| Microsoft: | |
| Vertical analysis percentage of cost of sale=38353/110360=0.3475=34.75% | |
| Microsoft kept cost of sales low in relation to revenue | |
| Vertical analysis percentage of selling,general and administrative costs=selling,general and administrative costs/Revenue | |
| Apple: | |
| Vertical analysis percentage of selling,general and administrative costs=16705/265595=0.0629=6.29% | |
| Microsoft: | |
| Vertical analysis percentage of selling,general and administrative costs=22223/110360=0.2014=20.14% | |
| Apple kept selling,general and administrative costs low in relation to revenue | |
| I appreciate your ratings | |
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Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands...
Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands...
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...
The first image is the original question, the rest are the answer choices for each box....
The first image is the original question, the rest are the
answer choices for each box.
Last two images are apples financial statements.
Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 ASSETS Current assets Cash and cash equivalents 20,289 Short-term marketable securities 53.892 Accounts receivable, less allowances of $58 and $53, respectively 17,874 Inventories 4,855 Vendor non-trade receivables 17.799 Other current assets 13,936 Total current assets 128,645 Long-term marketable securities 194,714 Property, plant and equipment, net 33,783 Goodwill 5,717 Acquired intangible assets, net 2,298 Other...
Perform a horizontal analysis of the balance sheet of the Fortune 500 company, Apple. Then please...
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...
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in...
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) September 28, 2019 Years ended September 29, 2018 September 30, 2017 Net sales: Products $ $ $ Services 2 1 3,8 8 3 46,291 260,1 74 2 2 5,8 4 7 39,7 48 2 6 5,5 95 1 96,5 34 32,700 2 2 9,2 3 4 Total net sales Cost of sales: Products Services Total cost of sales 1.4.4,996...
Review the select balance sheet and income statement for Apple, Inc. (found in the 10-K).For the...
Review the select balance sheet and income statement for Apple,
Inc. (found in the 10-K).For the account assigned, identify
assertions which is relevant for the assigned accounts.
1. Account Receivable
2.Allowance for Accounts receivable
3. Debt
4. Operating expenses
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 29, September 28, 2019 September 30, 2017 2018 $ $ Net sales: Products Services Total net sales...
Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) September 30, 2017 48,351 Years ended September...
Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) September 30, 2017 48,351 Years ended September 24, 2016 45,687 September 26. 2015 53,394 $ Net income Other comprehensive income/loss): Change in foreign currency translation, net of tax effects of $(77), $8 and $201, respectively 224 75 (411) 1,315 2,905 Change in unrealized gains/losses on derivative instruments: Change in fair value of derivatives, net of tax benefit/(expense) of $(478), $(7) and $(441), respectively Adjustment for net (gains) losses realized and included...
1. Calculate the Debt to Total Assets Ratio for Apple for the most recent year, then...
1. Calculate the Debt to Total Assets Ratio for Apple for the most recent year, then describe how you located the information and performed your calculation. 2. Calculate the Debt to Total Assets Ratio for Microsoft for the most recent year, then describe how you located the information and performed your calculation. Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28, 2019 September 29 2018 ASSETS: Current assets:...
need help ASAP! Using Apple's 2019 Financial Statements (see instructions and additional numbers below), calculate the...
need help ASAP!
Using Apple's 2019 Financial Statements (see instructions and additional numbers below), calculate the following ratios for September 29, 2018 and September 28, 2019, compare the two years for each ratio, and write 1-2 sentences to discuss the results of each ratio. For example, If the the current ratio increases in year 2, is this a favorable or unfavorable change? What does this mean about liquidity since this is a liquidity ratio? Reading the section in your book...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) Sep 30, Oct 1, 2018 2017 ASSETS Current assets: Cash and cash equivalents $ 8,756.30 $ 2,462.30 Short-term investments 181.50 228.60 Accounts receivable, net 693.10 870.40 Inventories 1,400.50 1,364.00 Prepaid expenses and other current assets 1,462.80 358.10 Total current assets 12,494.20 5,283.40 Long-term investments 267.70 542.30 Equity and cost investments 334.70 481.60 Property, plant and equipment, net 5,929.10 4,919.50 Deferred income...
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...
The first image is the original question, the rest are the
answer choices for each box.
Last two images are apples financial statements.
Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's...
September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 ASSETS Current assets Cash and cash equivalents 20,289 Short-term marketable securities 53.892 Accounts receivable, less allowances of $58 and $53, respectively 17,874 Inventories 4,855 Vendor non-trade receivables 17.799 Other current assets 13,936 Total current assets 128,645 Long-term marketable securities 194,714 Property, plant and equipment, net 33,783 Goodwill 5,717 Acquired intangible assets, net 2,298 Other...
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...
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) September 28, 2019 Years ended September 29, 2018 September 30, 2017 Net sales: Products $ $ $ Services 2 1 3,8 8 3 46,291 260,1 74 2 2 5,8 4 7 39,7 48 2 6 5,5 95 1 96,5 34 32,700 2 2 9,2 3 4 Total net sales Cost of sales: Products Services Total cost of sales 1.4.4,996...
Review the select balance sheet and income statement for Apple,
Inc. (found in the 10-K).For the account assigned, identify
assertions which is relevant for the assigned accounts.
1. Account Receivable
2.Allowance for Accounts receivable
3. Debt
4. Operating expenses
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 29, September 28, 2019 September 30, 2017 2018 $ $ Net sales: Products Services Total net sales...
Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) September 30, 2017 48,351 Years ended September 24, 2016 45,687 September 26. 2015 53,394 $ Net income Other comprehensive income/loss): Change in foreign currency translation, net of tax effects of $(77), $8 and $201, respectively 224 75 (411) 1,315 2,905 Change in unrealized gains/losses on derivative instruments: Change in fair value of derivatives, net of tax benefit/(expense) of $(478), $(7) and $(441), respectively Adjustment for net (gains) losses realized and included...
1. Calculate the Debt to Total Assets Ratio for Apple for the most recent year, then describe how you located the information and performed your calculation. 2. Calculate the Debt to Total Assets Ratio for Microsoft for the most recent year, then describe how you located the information and performed your calculation. Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28, 2019 September 29 2018 ASSETS: Current assets:...
need help ASAP!
Using Apple's 2019 Financial Statements (see instructions and additional numbers below), calculate the following ratios for September 29, 2018 and September 28, 2019, compare the two years for each ratio, and write 1-2 sentences to discuss the results of each ratio. For example, If the the current ratio increases in year 2, is this a favorable or unfavorable change? What does this mean about liquidity since this is a liquidity ratio? Reading the section in your book...
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