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Question 2- Question text When creating a common size balance sheet for Apple in 2011. What is the percentage of Inventories out of Total Assets?

Question 2-

Question text

When creating a common size balance sheet for Apple in 2011. What is the percentage of Inventories out of Total Assets?

Question 3:-

For 2011, what is the Solvency Ratio, Long Term Debt / (Long Term Debt + Shareholders' Equity)?

Note: There's two types of debt: Current Liabilities which are due within the next 52 weeks & Non-Current Liabilities which are longer term.

Question 4 -

Question text

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

Question text

For 2012, what is the Turnover Ratio, Sales / Total Assets?

Question 6

Question text

What is the future value of $2,000 invested at 2% compounded annually for 2 years?

Question 7

Question text

You have paid $24,100 to receive $25,000 in one year. What percentage of $25,000 have you paid?

Please answer in percentage form to two decimal places: #.00% e.g. 2.31% would be entered as 2.31. Do NOT enter 0.02 for 2.31%

Answer to the nearest cent (#,###.00) - rounding up or down as needed to two decimal places.

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