I have to calculate ratios of the 16 stated below. I have Apple as my company and I have to use financial data of 2017. I also have to show how the ratios are calculated with steps in text. Then give an explanation on each ratio. Below is the Problem. One would have to access Apple's Annual report for 2020 as I cannot post a link. All of this is done in a Excel Sheet with explanations of each ratio.

Below is the link for the financial statements for Apple Inc. for the fiscal year ending 2020.

When you arrive at this website, please do the following.

First, select SEC Filings, next select Annual Filings using the drop-down arrow labeled All Filings and then select 2020, using the drop-down arrow labeled Year,

You should select the 10-K dated 10/30/2020 and choose to download in PDF, HTML, or Excel format. The PDF format is the best format for searching.

Your final Excel workbook submission should contain the following. You cannot use any other software but Excel to complete this project.

1) Compute all 16 ratios for the company you were assigned with supporting calculations and commentary on your Worksheet Ratio Tab. Supporting calculations must be shown as text typed into a different cell. Provide 2 statements for each ratio: FIRST A GENERIC DESCRIPTION OF WHAT THE RATIO MEANS. SECOND WHETHER OR NOT A HIGHER OR LOWER RATIO IS PREFERABLE (or what it depends upon).

Required Ratios for Final Project Submission

1. Earnings per Share of Common Stock
2. Current Ratio
3. Gross Profit Rate
4. Profit Margin
5. Inventory Turnover
6. Days in Inventory
7. Accounts Receivable Turnover
8. Average Collection Period
9. Asset Turnover
10. Return on Assets (ROA)
11. Debt to assets Ratio
12. Times Interest Earned Ratio
13. Dividend Yield [For the purposes of this ratio, use Yahoo Finance to look up current dividend per share and stock price; just note the date that you looked up this information.]
14. Return on Common Stockholders' Equity (ROE)
15. Free cash flow
16. Price-Earnings Ratio [For the purpose of this ratio, look up the market price per share as of September 28, 2020 for Apple Inc. and for Alphabet, Inc. use December 29, 2020]

Note: The Excel files uploaded as the assignment submission should not include any unnecessary numbers or information (such as previous years' ratios, ratios that were not specifically asked for in the project, etc.).

End of Project Summary