Question
In the memo, suggest specific ways in which Apple company can plan to improve below-industry-average ratio performance over time. Suggest annual targets for years one
In the memo, suggest specific ways in which Apple company can plan to improve below-industry-average ratio performance over time.
Suggest annual targets foryears one,two, andthree(total 3 years)for the below-industry average ratioto catch up with or surpass industry averages. Explain why your recommendations should be effective.
Please provide a rationale for each of the ratios by why the three years explanations are reasonable for the company to achieve.
Please use the following below-industry-average ratios to explain.
Apple, Inc. Industry Average
Total Assets Turnover 0.85 1
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