Hi, it looks like you answered a question for a fellow student of mine regarding ratios for Apple's financial statements from 2012. Are you able to write a 500 word essay regarding their financials based on those answers? I'm not sure if this is truly a question, or something else. I'm fairly new to coursehero and am just looking for some help. The instructions from the professor is listed below:

Consider the ratios you calculated in theLesson 05 Calculating Ratiosactivity based on Apple's financial statements (attached).

• Based on your calculations, provide your evaluation of the financial condition of Apple in approximately 500 words.
• In constructing your essay, you are to specifically interpret Apple's financial condition by using examples of Profitability Ratios, Leverage Ratios, Liquidity Ratios, and Efficiency Ratios as outlined in the textbook. (Note: consider organizing your essay by these four categories)

Kelly M. Scharkopf Penn State University Lesson 5 1. 2. 3. 4. 5. 6. 7. Current Ratio = 1.50 ($57,653/$38,542) Debt to Equity Ratio = 48.9% ($57,854/$118,210) Inventory Turnover Ratio = 3.2 days ($87,846/$791) = 111.05/365 Return on Assets Ratio = 23.7% ($41,733/$176,064) Gross Margin Ratio = 43.87% ($68,662/$156,508) Profit Margin Ratio = 26.67% ($41,733/$156,508) Return on Equity Ratio = 35.3% ($41,733/$118,210) 8. Working Capital = -201 ($57,653 - $57,854)