Question 1.

In 2011, what are Apple's Inventories?

Answer without using a word in your answer. e.g. 7,000,000 for $7 million. Do not answer '7 million'

Question 2.

When creating a common size balance sheet for Apple in 2011.

What is the percentage of Inventories out of Total Assets?

Question 3.

The Asset Utilization Turnover Ratio of Total Asset Turnover is computed as Sales divided by Total Assets.

What was Apple's Total Asset Turnover in 2012?

Question 4.

What is the Current Ratio for 2011? This is a Solvency Ratio computed as Current Assets / Current Liabilities.

Current Assets = (Cash, cash equivalents and marketable securities + Accounts Receivable, net + Inventories)

Question 5.

For 2011, what are Apple's Total Assets?

Answer without using a word in your answer. e.g. Answer 7,000,000 not 7 million.

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