Calculate the financial ratios needed to determine Apples current financial health. Once you have calculated these ratios, the results will be used to analyze the businesss current financial position and help them make decisions about how to improve or maintain their financial health. Pay particular attention to working capital management. If liquidity is an issue, consider how the company will meet its short-term obligations. Calculate the financial ratios for the most recent fiscal quarter and compare those ratios with the same ratios for the same fiscal quarter from one year prior analyze your results. Financial Calculations: Calculate accurate financial ratios to assess the businesss current financial health. Specifically, calculate the following ratios: o Working capital o Current ratio o Debt ratio o Earnings per share o Price/earnings ratio o Total asset turnover ratio o Financial leverage o Net profit margin o Return on assets o Return on equity

Comparison Analysis: Explain what the results of your calculations and your comparison indicate about the businesss current financial health, providing examples to support your explanation. You might consider the following questions: o Do the results indicate the business is financially healthy or financially unhealthy? Which results indicate this? o What might be the cause(s) of the businesss financial success or failure? o Is more information needed to determine the businesss financial health? If so, which pieces of information might still be needed?

Short-Term Financing: Explain how potential short-term financing sources could help the business raise needed funds to improve its financial health. Base your response on the businesss current financial information.

Fiscal Quarter Comparison: Summarize the differences between the results from your financial calculations of the most recent fiscal quarter and the results of the same financial calculations of the same fiscal quarter from a year before for Apple.