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Anything will help see attachment Any help with these questions would be helpful. 1. QUESTION 1 Apple has the following financial statement information for fiscal
Anything will help see attachment Any help with these questions would be helpful.
1. QUESTION 1 Apple has the following financial statement information for fiscal year 2001 (in millions): Income Statement 2001 Balance Sheet 2001 2000 Revenues $5,36 Cash and Marketable Securities $2,310 $1,191 3 Cost of Goods Sold 4,026 Inventory 11 33 Gross Profit 1,337 Total Current Assets 5,143 5,427 SG&A Exp. 1,568 Total Assets 6,021 6,803 Net Income (Net Loss) -25 Total Current Liabilities 1,518 1,933 Total Liabilities 2,101 Total Equity Sales (Year 2000) 7,983 Cash Flow Statement Net Income (Year 2000) 786 Cash Flows from Operations 2. 3,920 185 Using common-size analysis, Apple's total liabilities for 2001 is: a . 53.6 % b 34.9 . % c 38.7 . % d 39.2 . % QUESTION 2 Following Question 1, Apple's operating cash flow ratio for 2001 is: a 3.5% . b 3.6% . c 12.2 . % d 3.1% . QUESTION 3 Following Question 1, Apple's inventory turnover ratio for 2001 is: a . 243.8 x b 366.0 . x c 183.0 . x 4,107 d 547.4 . x QUESTION 4 Following Question 1, Apple's working capital turnover ratio for 2001 is: a . 2.32 x b 1.48 . x c 1.13 . x d 1.51 . x QUESTION 5 Following Question 1, Apple's debt ratio for 2001 is: 25.2 % b 53.6 . % c 34.9 . % d 39.2 . % a . QUESTION 6 Following Question 1, Apple's gross margin for 2001 is: a . 75.1 % b 24.8 . % c 22.2 . % d 1.9% . QUESTION 7 Following Question 1 and using common-size analysis, Apple's Gross Profit is for 2001 is: a 24.9% . b 1.9% . c 22.2% . d 100.0 . % QUESTION 8 Following Question 1, Apple's current ratio for 2001 is: 244.8 % b 29.5% a . . c . 152.2 % d 338.8 . % QUESTION 9 Following Question 1, Apple's total asset turnover for 2001 is: a 83.6% . b 89.1% . c 41.8% . d 119.6 . % QUESTION 10 Following Question 1, Apple's debt to equity ratio for 2001 is: 38.7 % b 53.6 . % c 39.2 . % d 34.9 . % a . QUESTION 11 Following Question 1, Apple's return on sales ratio for 2001 is: a 0.5% . b 9.8% . c 24.9% . d 100.0 . %Step by Step Solution
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