Computations for the ratios listed for Apple Inc. and Alphabet Inc., in 2017. Supporting calculations must be shown either as a formula.

current ratio (current assets divided by current liabilities)

gross profit rate (gross profit divided by net sales)

profit margin (net income divided by net sales)

inventory turnover (cost of goods sold divided by average inventory)

days in inventory (365 days divided by inventory turnover)

Accounts receivable turnover (net credit sales divided by average net accounts receivable)

average collection period (365 days divided by accounts receivable turnover)

Asset turnover (net sales divided by average total assets)

Return on Assets (ROA) (net income divided by average total assets)

Times-Interest Earned Ratio (Net income + interest expense + income tax expense/interest expense)

Dividend Yield ( Dividend per share of common stock (Yahoo Finance 7/29/2021)/Market price per share of common stock (Yahoo Finance 7/29/2021))

Return on Common Stockholders' Equity (ROE)= Net income - preferred dividends/Average common stockholders' equity

Free cash flow= Net cash provided by operating activities minus capital expenditures minus cash dividends

Price-Earnings Ratio = Market price per share of common stock as of 9/28/2017 for Apple and 12/29/2017 for Alphabet/ Earnings per share