Apple Inc. is conducting an in-depth analysis of its balance sheet for the fiscal year ending September
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Question:
Apple Inc. is conducting an in-depth analysis of its balance sheet for the fiscal year ending
September 30, 20X9. The following data is available:
● Total Assets: $300,000,000
● Total Liabilities: $150,000,000
● Total Equity: [Calculation 1]
● Cash and Cash Equivalents: $50,000,000
● Property, Plant, and Equipment: $100,000,000
● Long-term Debt: $70,000,000
● Common Stock: [Calculation 2]
● Retained Earnings: [Calculation 3]
Calculate the following:
a) Total Equity b) Common Stock Value c) Debt-to-Equity Ratio d) Return on Equity (ROE)
Posted Date: