User Account

All Pages

What was apples current ratio

Assignment Help Finance Basics
Reference no: EM133058368

In July 2007, Apple had cash of $7.12 billion, current assets of $18.75 billion, current liabilities of $6.99 billion, and inventories of $0.25 billion.

a. What was Apple's current ratio?

b. What was Apple's quick ratio? c. In July 2007, Dell had a quick ratio of 1.25 and a current ratio of 1.30. What can you say about the asset liquidity of Apple relative to Dell?

Reference no: EM133058368

Questions Cloud

Differentiate preferred from common stocks : 1. Which is more advantageous, stocks or bonds? Support your answer.
Additional data collection or research : If there are any additional issues you think are relevant to the choice of closing time, be sure to mention them. Is there anything missing from the analysis?
What alternatives should Timberlake consider : Timberlake's tax rate is 21 percent. What alternatives should Timberlake consider, and what are the tax consequences of the alternatives
Rate of return should an investor expect : Taussig Corp.'s bonds currently sell for $1,150. They have a 6.35% annual coupon rate and a 20-year maturity, but they can be called in 5 years at $1,067.50. As
What was apples current ratio : In July 2007, Apple had cash of $7.12 billion, current assets of $18.75 billion, current liabilities of $6.99 billion, and inventories of $0.25 billion.
What is the maximum amount of new investment : What is the maximum amount of new investment that the firm can afford without issuing any additional equity?
What is the present value of the tax savings : The company's required rate of return is 15 percent. What is the present value of the tax savings related to depreciation of the equipment
Determination of the sources of economic exposure : Please explain why reducing economic exposure is a much more complex task than hedging foreign currency transactions. Your answer needs to mention the items dis
Covariance with the market portfolio doubles : The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6% and the market risk premium is 8.5%. What will be the market

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the amount of the firm income before tax

Calculate the amount of the firm's income before tax?

  State of the economy influence the decision

Would the state of the economy influence the decision? Why? Discuss which option you would choose and explain why.

  What factors influence a company wacc

What factors influence a company's WACC?

  Present value of purchasing the car

1. What break-even resale price in four years would make you indifferent between buying and leasing? 2. What is the present value of purchasing the car?

  Constant debt-equity ratio

Suppose Caterpillar, Inc., has 655 million shares outstanding with a share price of $ 72.06 and $ 25.67billion in debt. If in three years, Caterpillar has 702million shares outstanding trading for $ 86.98per share, how much debt will Caterpillar h..

  What is reason inventory is subtracted from current asserts

What is the reason inventory is subtracted from current assets when calculating the quick ratio?

  Develop a personal budget as part of a financial plan

Develop a personal budget as part of a financial plan. Use the textbook as your guide, but you can use any resource at your disposal, just make sure to cite your sources.

  Write company has a maximum capacity of 200000 units per

write company has a maximum capacity of 200000 units per year. variable manufacturing costs are 12 per unit. fixed

  Profit business sector and not-for-profit business sector

Identify two similarities and two differences between the for-profit business sector and the not-for-profit business sector.

  Calculate the npv of each choice

The Bell Mountain's opportunity cost of capital is 11.8 percent, and the costs and values of investments made at different times in the future

  What are three real options that an analyst may need

What are three real options that an analyst may need to take into account when evaluating a project, and what do they allow the company

  Quoted on an annual basis unless otherwise specified

Suppose the spot rates for 1 and 2 years are s1=6.3% and s2=6.9% with annual compounding. Recall that in this course interest rates are always quoted on an annual basis unless otherwise specified.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd