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For questions #7-20, refer to the following financial information for Apple Inc. (all numbers are in $millions): YOU MUST USE EXCEL'S FUNCTIONALITY TO PERFORM ALL
For questions \#7-20, refer to the following financial information for Apple Inc. (all numbers are in \$millions): YOU MUST USE EXCEL'S FUNCTIONALITY TO PERFORM ALL CALCULATIONS TO EARN CREDIT (insert rows as needed) Enter 7. What was Apple's Current Ratio at the end of 2023 ? 8. What was Apple's Quick Ratio at the end of 2023? 9. What was Apple's Debt to Equity Ratio at the end of 2023? (AP is not part of Debt for purposes of this calculation) 10. What was Apple's Times Interest Earned Ratio in 2023? 11. Assuming that all Apple's sales in fiscal 2023 were on credit, how many days, on average, did it take Apple to sell its inventory in 2023 ? (For balance sheet accounts, use the average of the beginning and end-of-year balances)
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