1. Apple Inc. provided the following balance sheet information as of September 30, 2023:
   • Total Assets: $75,000,000
   • Total Liabilities: $30,000,000
   • Shareholders' Equity: $45,000,000
   • Cash and Cash Equivalents: $15,000,000
   • Accounts Receivable: $10,000,000
   • Inventory: $8,000,000
   • Property, Plant, and Equipment: $40,000,000
   • Long-term Debt: $20,000,000

a. Calculate Apple Inc.'s Current Ratio and Quick Ratio based on the provided data. b. Determine Apple Inc.'s Debt-to-Equity Ratio. c. Analyze the composition of Apple Inc.'s total assets and their strategic significance. d. Evaluate Apple Inc.'s financial leverage based on its long-term debt and shareholders' equity. e. Discuss how Apple Inc.'s inventory turnover ratio reflects its working capital efficiency.