Income Statement	2001	Balance Sheet	2001	2000
Revenues	$5,363	Cash and Marketable Securities	$2,310	$1,191
Cost of Goods Sold	4,026	Inventory	11	33
Gross Profit	1,337	Total Current Assets	5,143	5,427
SG&A Exp.	1,568	Total Assets	6,021	6,803
Net Income (Net Loss)	-25	Total Current Liabilities	1,518	1,933
		Total Liabilities	2,101
		Total Equity	3,920	4,107
Sales (Year 2000)	7,983	Cash Flow Statement
Net Income (Year 2000)	786	Cash Flows from Operations	185

1. Following Question 1, Apple's gross margin for 2001 is:

   Following Question 1, Apple's gross margin for 2001 is:

   	a.	75.1%
   	b.	22.2%
   	c.	24.8%
   	d.	1.9%

   1 points

   QUESTION 7

   Following Question 1 and using common-size analysis, Apple's Gross Profit is for 2001 is:

   	a.	24.9%
   	b.	1.9%
   	c.	100.0%
   	d.	22.2%

   1 points

   QUESTION 8

   Following Question 1, Apple's current ratio for 2001 is:

   	a.	29.5%
   	b.	338.8%
   	c.	152.2%
   	d.	244.8%

   1 points

   QUESTION 9

   Following Question 1, Apple's total asset turnover for 2001 is:

   	a.	89.1%
   	b.	119.6%
   	c.	83.6%
   	d.	41.8%

   1 points

   QUESTION 10

   Following Question 1, Apple's debt to equity ratio for 2001 is:

   	a.	53.6%
   	b.	39.2%
   	c.	34.9%
   	d.	38.7%

   1 points

   QUESTION 11

   Following Question 1, Apple's return on sales ratio for 2001 is:

   	a.	24.9%
   	b.	0.5%
   	c.	9.8%
   	d.	100.0%

1 points

QUESTION 7

1. Following Question 1 and using common-size analysis, Apple's Gross Profit is for 2001 is:

   	a.	24.9%
   	b.	1.9%
   	c.	100.0%
   	d.	22.2%

1 points

QUESTION 8

1. Following Question 1, Apple's current ratio for 2001 is:

   	a.	29.5%
   	b.	338.8%
   	c.	152.2%
   	d.	244.8%

1 points

QUESTION 9

1. Following Question 1, Apple's total asset turnover for 2001 is:

   	a.	89.1%
   	b.	119.6%
   	c.	83.6%
   	d.	41.8%

1 points

QUESTION 10

1. Following Question 1, Apple's debt to equity ratio for 2001 is:

   	a.	53.6%
   	b.	39.2%
   	c.	34.9%
   	d.	38.7%

1 points

QUESTION 11

1. Following Question 1, Apple's return on sales ratio for 2001 is:

   	a.	24.9%
   	b.	0.5%
   	c.	9.8%
   	d.	100.0%