Question
Please use the attached Financial Statements of Apple Inc to solve the following 2018 & 2019 financial ratios: Days Sales in Inventory (DSI) Days Sales
Please use the attached Financial Statements of Apple Inc to solve the following 2018 & 2019 financial ratios: Days Sales in Inventory (DSI) Days Sales Outstanding (DSO) (Note: Net Credit Sales is 20% of total sales) Days Payable Outrstanding (DPO) Cash Conversion Cycle (CCC) You can use the Financial Ratios slides in the Contents area as a reference to solve these problems. You must include the following 5 points in your submissions: Formulas Calculations Proper Answers (e.g. %, $, etc.) Short Analysis (Explanation) of what the numbers mean (see financial ratio slides). Compare 2018 with 2019 and explain which is better. Submission will occur in the Group section on Blackboard in a Word document.
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