Reference no: EM133500259
Problem
Using the information found here for Apple, Inc.: yahoo finance.
Answer the following questions:
Question A. Calculate the ratio for the most current year and the ratio for the previous year listed for liquidity using the formula of:
Current Assets__
Current Liabilities
Question B. Calculate the ratio for the most current year and the ratio for the previous year listed for efficiency using the formula of:
________Sales______
Total Assets
Question C. Calculate the ratio for the most current year and the ratio for the previous year listed for leverage using the formula of:
Total Liabilities
Total Assets
Question D. Calculate the ratio for the most current year and the ratio for the previous year listed for profitability using the formula of:
Gross Profit
Sales
Question E. Discuss what each of the above ratios mean in plain English and whether the most current year is looking better, worse, or about the same as the previous year.