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Please help me solve this! This is all the information I have. COMPREHENSIVE PROJECT (Continued) th) Ratio Analysis: Instructions: For each of the ratios below,

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COMPREHENSIVE PROJECT (Continued) th) Ratio Analysis: Instructions: For each of the ratios below, analyze and describe how Best Value's ratio compares to its nearest competitor, Apple, Inc. See Appendix A in the back of your textbook for Apple's annual financial statements. Use the most current year, 2015, for your calculations. Note: Be sure to show the calculation of Apple's ratios below! 1. Working Capital: 2. Current Ratio: 139896+237,84 2840=164219, 12H35270 = 31.202 Curd antios 114219. 164219/3630222 Therefore, 4.52 is the answer 3. Return on Stockholders' Equity: (use ending Common Stockholders' Equity, not average. Common Stockholders' Equity does not include par value of preferred stock.) 4. EPS: (already calculated in Apple's Income Statement) COMPREHENSIVE PROJECT (Continued) (h) Ratio Analysis, cont.: Instructions: For each of the ratios below, analyze and describe how BestValue's ratio compares to its nearest competitor, Apple, Inc. See Appendix A in the back of your textbook for Apple's annual financial statements. Use the most current year, 2015, for your calculations. Note: Be sure to show the calculation of Apple's ratios below! 5. Payout Ratio: 6. Debt to Assets ratio: 7. Times Interest Earned: (Note: Apple's 2015 10-K shows $733 (in millions) in Interest Expense) 8. Free Cash Flow: Com > WPLUS Gmail YouTube Maps Specimen Financial Statements: Apple Inc. Once each year, a corporation communicates to its stockholders and other interested parties by issuing a complete set of audited financial statements. The annual report, as this communication is called, summarizes the financial results of the company's operations for the year and its plans for the future. Mary annual reports are altractive, multicolored, glossy public relations peces, containing pictures of corporate officers and directors as well as photos and descriptions of new products and new buildings. Yet the basic function of every annual report is to report financial information, almost all of which is a product of the corporation's accounting system The content and organization of corporate annual reports have become fairly standardized Excluding the public relations part of the report pictures, products, etc.), the following are the traditional financial portions of the annual report: . Financial Highlights Letter to the Stockholders Management's Discussion and Analysis Financial Statements . Nors to the Financial Statements Management's responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting . Report of Independent Registered Public Accounting Firm . Selected Financial Data The official SEC filing of the annual report is called a Form 10-K, which oton omits the public relations places found in most standard annual reports. On the following pages, we present Apple Inc.'s financial statements taken from the company's 2015 Form 10-K The complete Form 10-K, including notes to the financial statements, as valable at the company's website CONSOLATED PATIENTS OF GREATIONS MacBook At HO OM : FE 1 4 $ 4 * 5 & 7 CO. 3 6 delete 9 E R Y c. C 1 o D F G H K L seun B N M A. ? I 96 command option September 2013 $ 170,910 100.000 64 304 CONSOLIDATED STATEMENTS OF OPERATIONS in milions de ter of shares which are reflected in thousands and pershare amount Years ended September 26, September 27, 2015 2014 Nota 5 233.715 $ 182.795 Cost of sales 140 OBO 112.258 Gross margin 93.626 70.537 Operating expenses Research and development 3.067 5.041 Soling, general and administrative 14120 11.990 Total operating expenses 22.300 18.034 Operating income 71.230 52 500 Other compensel.net 1.285 980 Income before provision for income 72,515 53.483 Provision for income as 19.121 13,973 Net income s 53.394 $ 30,510 4475 10,830 15,305 48.990 1.156 50.155 13.118 37.037 $ Earnings per share Basic $ S 9.28 9.22 6.49 $ 8.45 $ 5.72 5.68 $ Diluted $ Share used in computing comings per share Basic Diluted 5.753.421 5.790.000 6,085.572 6,122,663 6,477320 6.521.634 Cash dividends declared per share $ 1.98 S 1.82 $ 1.64 Se companying Notes to Consolidated Financial Statement CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME in millions September 2015 $ 33.394 Years onded September 27. 2016 $ 39,510 September 2013 $ 37.037 1411) (137) Net income Other comprehensive como Change in foreign currency transion of taxelects of $201. ss0 and $35 respectively Change in relation derivatuments Cunge into one of tax benef441,29 and 05.cc Adjustment for netodininkeine income of the experbolt 5630, and $265. roso 2.90 1.300 522 0.407 (458 MacBook Air LUS Gmail YouTube X Maps CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME in millions September Years ended September September 27, 2015 2014 S 53.394 $ 39.510 $ 37037 1411 (137) 1112 2.905 1.300 522 3.491 14 1452 Net income Other comprehensive Income Change in foreign currency translation net of taxelects of $201.550 and 535, respectively range ned gain son derivative restruments Change intervalue o derivative net of tax boneloperse of 44118297) and $(351), ropectively Adustment for netgisses realized and included in net income, net of tax experbere 5630, 3036 and $256, respectively Total change in urrenized garlosses ondervative Instruments, dat Change in realized gains me on marketable securities: Change in tortue of marketable Securities, net of tax benettepensio 8254, $4150) and $458, respectively Adjustment for negara se realized and included in net income, net of tax expense benefit of $02).571 and 582, respectively Total change in created genes on marketable securities, net of tax Total other comprehensive income from Total comprehensive Income 52 1.530 64 83 285 (191) (131) (134 151 1.553 41.00 (147 51.967 1970 38.062 $ $ See accompanying Notes to Consolidated France Statements. CONSOLIDATED BALANCE SHEETS s millions, except number of swes which we reflected in thousands and per September 26 2015 September 2014 ASSETS $ 13.54 Dumont Cash and others Shon-format sorties Accounts receivablances of 2 and respective thwentos 21.120 20,481 16 17:450 2.111 5.540 13.094 Vendoronado contes Oecument Tour Long tommaso BUSO 68.591 69.37 150GS 22.471 2016 MacBook Air @0:4.46 US Gmail YouTube A Maps September 2015 September 21, 2014 ASSETS: $ Durants Cath and Shortcut Accounts receives were of $82 and 36. repectively hvertones Duterte Verder on traces Other current Torrent Longamano Property and equipment Goodw. Acord tables.net One Total 21.120 5 134144 20:41 11.233 15.849 17,400 2,349 2.111 5,546 4,318 13.404 2.750 9.530 Q.10 30.378 68.531 164.00 130,162 22.471 5110 4616 3.000 4.14 5.556 3.704 200,470 5231.839 LIABILITIES AND SHAREHOLDERS' EQUITY: Dumn Accounts payable Accredere Defender Comorow pace Our portion of long-term Toca Defenden Logo On 18.453 3.401 6.500 0 35,400 $ 25,181 8.940 8.400 2.500 80,010 3.004 50.400 33.427 171.124 3.001 20.825 120.20 Come and corros Comodo potporu 12.000.000 ores author 5571d5.06.161 wued und standing spectively 27.410 2013 Audio To 119.358 111 54 2010 the compare to Good Froro Stunno CONSOLIDATED STATEMENTS OF SHARDHOLDERS' EQUITY occhio MacBook Air do DII F2 FB FO F10 S Gmail YouTube Maps CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY In milions, exorumber of shares which reflected in thousand Common stock and Additional Paid in Cell Retained Shares Amount Eaming 6,574458 16.422 $ 101,280 0 37.007 0 0 0 0 0 110,670 028.897 0 22.900 0 2253 0 Accumulated Other Tot Comprehensive Shareholders Thcom Equity 400 $ 118 210 0 37.007 1970 1970 (10.6789 0 122.950 0 2.253 48.873 (140 1444 0 157) 1.232 O 19.764 1471 6.294,494 0 0 O 0 104256 30,510 o (1.215 145.000 0 1.580 Bultenou an olscember 20, 2012 Norcom Omer comprehensive inconto Dividends and dividend events declared Repurchase of common stock Share-based compensation Common stocked not offers were for employee Tax bent from outyds, nouding prong adjuntaments Barons as of September 28, 2013 Net income Our comprehensive income Dividends and dividend equivalents declared Popuchase of common stock Share-based composition Common stockised, net of shares with for employees Tax benefit from souty www.luding room pengadjustments Balance Sectomber 27, 2014 Nincome Other comprese incomo Dividends and dividendes declared Pepurchase of common Sebased compensation Common to share with for omloyees Tuxbare om wwwhdeg tror panga Balonces of the 20.2015 1.232 12340 30,510 1.563 111215 145,000 2.853 0 488,677 0 0 0 2.363 0 0 60,344 19 0 1443 O 5.866,161 0 735 23313 0 87,152 0 1,082 0 0 530 0 0 0 736 111.567 53.304 (1427 (11.097 08.020 3.685 0 11.427 D 0 0 326.032 O 3.500 36.020 0 37624 230 1000 0 0 748 274105 748 119.35 5.578.753 99.264 ASS ccompanying Notes to Conde Francia CONSOLIDATED STATEMENTS OF CASH FLOWS mons Year ended 15 MacBook Air DHI DD F9 51 FU F6 F7 F8 F10 F Plus Information - ACCX WilayPLUS x VitalSource Bookshelf: Accoun X 8/4@0:100 EYPLUS Gmail Youtube & Maps CONSOLIDATED STATEMENTS OF CASH FLOWS millions Year ended September 26. Sep 21. September 20 2015 2010 2013 $ MS 142505 10.40 53.304 3.510 3703 11:57 3.500 7.00 2.363 2.17 6.75 2.253 1.141 611 Cash and begin of the Operating at Net income Ads to reconnu come to the typer activities Depreciation and treation Sat Jasan suu Deared income taxe Changes in peringati Accounts Ihres Vendor non devotes Other and non-art Accounts payable Defore reverse Other current and non-current Casherred by operating Investing acts Purchase of our Proceeds from matures mortes Procesom arbetable secure Payments made in connection with burne Payments for a property, plant and equipment Payments for contage 735 1170 5.400 1.00 8. 81.260 4.232 ( 2.220 1o7 5.08 1,400 0,010 09.713 Q.172 1973 223 1.00 2340 1.450 521 S006 100.400 14638 tum 34 01.247 0413 217.126 18.810 18.301 DU 1148480 20,317 104130 2423 10110 (189 CATE 158.274 0257 Catherine Froning at Procesor mange forstock carbono To portone the story words Duscendo hoof common och Pocestom Tomate Cangan di trang Inch 543 740 01.499 (11.601 05:20 27.114 2.101 530 701 . 110.504 130 730 11.15 1111201 145.000 11.300 106 Or 1410 13.04 16 7,270 (1.37 250 14.1 10.033 2303 5 5 0.125 0 MacBook Air S& DII DD e an F FA COMPREHENSIVE PROJECT (Continued) th) Ratio Analysis: Instructions: For each of the ratios below, analyze and describe how Best Value's ratio compares to its nearest competitor, Apple, Inc. See Appendix A in the back of your textbook for Apple's annual financial statements. Use the most current year, 2015, for your calculations. Note: Be sure to show the calculation of Apple's ratios below! 1. Working Capital: 2. Current Ratio: 139896+237,84 2840=164219, 12H35270 = 31.202 Curd antios 114219. 164219/3630222 Therefore, 4.52 is the answer 3. Return on Stockholders' Equity: (use ending Common Stockholders' Equity, not average. Common Stockholders' Equity does not include par value of preferred stock.) 4. EPS: (already calculated in Apple's Income Statement) COMPREHENSIVE PROJECT (Continued) (h) Ratio Analysis, cont.: Instructions: For each of the ratios below, analyze and describe how BestValue's ratio compares to its nearest competitor, Apple, Inc. See Appendix A in the back of your textbook for Apple's annual financial statements. Use the most current year, 2015, for your calculations. Note: Be sure to show the calculation of Apple's ratios below! 5. Payout Ratio: 6. Debt to Assets ratio: 7. Times Interest Earned: (Note: Apple's 2015 10-K shows $733 (in millions) in Interest Expense) 8. Free Cash Flow: Com > WPLUS Gmail YouTube Maps Specimen Financial Statements: Apple Inc. Once each year, a corporation communicates to its stockholders and other interested parties by issuing a complete set of audited financial statements. The annual report, as this communication is called, summarizes the financial results of the company's operations for the year and its plans for the future. Mary annual reports are altractive, multicolored, glossy public relations peces, containing pictures of corporate officers and directors as well as photos and descriptions of new products and new buildings. Yet the basic function of every annual report is to report financial information, almost all of which is a product of the corporation's accounting system The content and organization of corporate annual reports have become fairly standardized Excluding the public relations part of the report pictures, products, etc.), the following are the traditional financial portions of the annual report: . Financial Highlights Letter to the Stockholders Management's Discussion and Analysis Financial Statements . Nors to the Financial Statements Management's responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting . Report of Independent Registered Public Accounting Firm . Selected Financial Data The official SEC filing of the annual report is called a Form 10-K, which oton omits the public relations places found in most standard annual reports. On the following pages, we present Apple Inc.'s financial statements taken from the company's 2015 Form 10-K The complete Form 10-K, including notes to the financial statements, as valable at the company's website CONSOLATED PATIENTS OF GREATIONS MacBook At HO OM : FE 1 4 $ 4 * 5 & 7 CO. 3 6 delete 9 E R Y c. C 1 o D F G H K L seun B N M A. ? I 96 command option September 2013 $ 170,910 100.000 64 304 CONSOLIDATED STATEMENTS OF OPERATIONS in milions de ter of shares which are reflected in thousands and pershare amount Years ended September 26, September 27, 2015 2014 Nota 5 233.715 $ 182.795 Cost of sales 140 OBO 112.258 Gross margin 93.626 70.537 Operating expenses Research and development 3.067 5.041 Soling, general and administrative 14120 11.990 Total operating expenses 22.300 18.034 Operating income 71.230 52 500 Other compensel.net 1.285 980 Income before provision for income 72,515 53.483 Provision for income as 19.121 13,973 Net income s 53.394 $ 30,510 4475 10,830 15,305 48.990 1.156 50.155 13.118 37.037 $ Earnings per share Basic $ S 9.28 9.22 6.49 $ 8.45 $ 5.72 5.68 $ Diluted $ Share used in computing comings per share Basic Diluted 5.753.421 5.790.000 6,085.572 6,122,663 6,477320 6.521.634 Cash dividends declared per share $ 1.98 S 1.82 $ 1.64 Se companying Notes to Consolidated Financial Statement CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME in millions September 2015 $ 33.394 Years onded September 27. 2016 $ 39,510 September 2013 $ 37.037 1411) (137) Net income Other comprehensive como Change in foreign currency transion of taxelects of $201. ss0 and $35 respectively Change in relation derivatuments Cunge into one of tax benef441,29 and 05.cc Adjustment for netodininkeine income of the experbolt 5630, and $265. roso 2.90 1.300 522 0.407 (458 MacBook Air LUS Gmail YouTube X Maps CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME in millions September Years ended September September 27, 2015 2014 S 53.394 $ 39.510 $ 37037 1411 (137) 1112 2.905 1.300 522 3.491 14 1452 Net income Other comprehensive Income Change in foreign currency translation net of taxelects of $201.550 and 535, respectively range ned gain son derivative restruments Change intervalue o derivative net of tax boneloperse of 44118297) and $(351), ropectively Adustment for netgisses realized and included in net income, net of tax experbere 5630, 3036 and $256, respectively Total change in urrenized garlosses ondervative Instruments, dat Change in realized gains me on marketable securities: Change in tortue of marketable Securities, net of tax benettepensio 8254, $4150) and $458, respectively Adjustment for negara se realized and included in net income, net of tax expense benefit of $02).571 and 582, respectively Total change in created genes on marketable securities, net of tax Total other comprehensive income from Total comprehensive Income 52 1.530 64 83 285 (191) (131) (134 151 1.553 41.00 (147 51.967 1970 38.062 $ $ See accompanying Notes to Consolidated France Statements. CONSOLIDATED BALANCE SHEETS s millions, except number of swes which we reflected in thousands and per September 26 2015 September 2014 ASSETS $ 13.54 Dumont Cash and others Shon-format sorties Accounts receivablances of 2 and respective thwentos 21.120 20,481 16 17:450 2.111 5.540 13.094 Vendoronado contes Oecument Tour Long tommaso BUSO 68.591 69.37 150GS 22.471 2016 MacBook Air @0:4.46 US Gmail YouTube A Maps September 2015 September 21, 2014 ASSETS: $ Durants Cath and Shortcut Accounts receives were of $82 and 36. repectively hvertones Duterte Verder on traces Other current Torrent Longamano Property and equipment Goodw. Acord tables.net One Total 21.120 5 134144 20:41 11.233 15.849 17,400 2,349 2.111 5,546 4,318 13.404 2.750 9.530 Q.10 30.378 68.531 164.00 130,162 22.471 5110 4616 3.000 4.14 5.556 3.704 200,470 5231.839 LIABILITIES AND SHAREHOLDERS' EQUITY: Dumn Accounts payable Accredere Defender Comorow pace Our portion of long-term Toca Defenden Logo On 18.453 3.401 6.500 0 35,400 $ 25,181 8.940 8.400 2.500 80,010 3.004 50.400 33.427 171.124 3.001 20.825 120.20 Come and corros Comodo potporu 12.000.000 ores author 5571d5.06.161 wued und standing spectively 27.410 2013 Audio To 119.358 111 54 2010 the compare to Good Froro Stunno CONSOLIDATED STATEMENTS OF SHARDHOLDERS' EQUITY occhio MacBook Air do DII F2 FB FO F10 S Gmail YouTube Maps CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY In milions, exorumber of shares which reflected in thousand Common stock and Additional Paid in Cell Retained Shares Amount Eaming 6,574458 16.422 $ 101,280 0 37.007 0 0 0 0 0 110,670 028.897 0 22.900 0 2253 0 Accumulated Other Tot Comprehensive Shareholders Thcom Equity 400 $ 118 210 0 37.007 1970 1970 (10.6789 0 122.950 0 2.253 48.873 (140 1444 0 157) 1.232 O 19.764 1471 6.294,494 0 0 O 0 104256 30,510 o (1.215 145.000 0 1.580 Bultenou an olscember 20, 2012 Norcom Omer comprehensive inconto Dividends and dividend events declared Repurchase of common stock Share-based compensation Common stocked not offers were for employee Tax bent from outyds, nouding prong adjuntaments Barons as of September 28, 2013 Net income Our comprehensive income Dividends and dividend equivalents declared Popuchase of common stock Share-based composition Common stockised, net of shares with for employees Tax benefit from souty www.luding room pengadjustments Balance Sectomber 27, 2014 Nincome Other comprese incomo Dividends and dividendes declared Pepurchase of common Sebased compensation Common to share with for omloyees Tuxbare om wwwhdeg tror panga Balonces of the 20.2015 1.232 12340 30,510 1.563 111215 145,000 2.853 0 488,677 0 0 0 2.363 0 0 60,344 19 0 1443 O 5.866,161 0 735 23313 0 87,152 0 1,082 0 0 530 0 0 0 736 111.567 53.304 (1427 (11.097 08.020 3.685 0 11.427 D 0 0 326.032 O 3.500 36.020 0 37624 230 1000 0 0 748 274105 748 119.35 5.578.753 99.264 ASS ccompanying Notes to Conde Francia CONSOLIDATED STATEMENTS OF CASH FLOWS mons Year ended 15 MacBook Air DHI DD F9 51 FU F6 F7 F8 F10 F Plus Information - ACCX WilayPLUS x VitalSource Bookshelf: Accoun X 8/4@0:100 EYPLUS Gmail Youtube & Maps CONSOLIDATED STATEMENTS OF CASH FLOWS millions Year ended September 26. Sep 21. September 20 2015 2010 2013 $ MS 142505 10.40 53.304 3.510 3703 11:57 3.500 7.00 2.363 2.17 6.75 2.253 1.141 611 Cash and begin of the Operating at Net income Ads to reconnu come to the typer activities Depreciation and treation Sat Jasan suu Deared income taxe Changes in peringati Accounts Ihres Vendor non devotes Other and non-art Accounts payable Defore reverse Other current and non-current Casherred by operating Investing acts Purchase of our Proceeds from matures mortes Procesom arbetable secure Payments made in connection with burne Payments for a property, plant and equipment Payments for contage 735 1170 5.400 1.00 8. 81.260 4.232 ( 2.220 1o7 5.08 1,400 0,010 09.713 Q.172 1973 223 1.00 2340 1.450 521 S006 100.400 14638 tum 34 01.247 0413 217.126 18.810 18.301 DU 1148480 20,317 104130 2423 10110 (189 CATE 158.274 0257 Catherine Froning at Procesor mange forstock carbono To portone the story words Duscendo hoof common och Pocestom Tomate Cangan di trang Inch 543 740 01.499 (11.601 05:20 27.114 2.101 530 701 . 110.504 130 730 11.15 1111201 145.000 11.300 106 Or 1410 13.04 16 7,270 (1.37 250 14.1 10.033 2303 5 5 0.125 0 MacBook Air S& DII DD e an F FA

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