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Review Apple's Consolidated Balance Sheets for 2017 (which also contains the 2016 information), located here:Apple 2018 10K for W5 Discussion.pdf Calculate Apple's current ratio for
- Review Apple's Consolidated Balance Sheets for 2017 (which also contains the 2016 information), located here:Apple 2018 10K for W5 Discussion.pdf
- Calculate Apple's current ratio for these two years.
- Pick any other ratio discussed in the class, and calculate and explain that.
- What do the ratios tell you about Apple?
- Explain the three factors that would influence your evaluation as to whether Apple's current ratio is good or bad.
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