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Based on the Apple company 10K, answer the following questions I have attached, be specific plz! 1. Was it determined by management that any asset
Based on the Apple company 10K, answer the following questions I have attached, be specific plz!
1. Was it determined by management that any asset or asset category suffered any impairment during the period (tangible, intangible, inventory, accounts receivable)? If so, please describe the analysis. If not, describe why companies are required to evaluate assets for impairment. 2. What is your company's policy related to revenue recognition? Describe their business model and discuss if the company's revenue recognition policy makes sense given their business model. a) What is the company's current ratio? b) What is the company's debt-to-equity ratio? c) What is the company's DSO (days sales outstanding)? If the company does not have receivables, please calculate DOS (days of supply). d) What is the company's rate of return on assets? 3. Compute the above ratios for the two most recent years and compare the ratios across time to determine whether the company experienced any improvement or deterioration in each ratio over time. Also compare these ratios to those of a key competitor. DiscussStep by Step Solution
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