Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The first image is the original question, the rest are the answer choices for each box. Last two images are apples financial statements. Question 4

The first image is the original question, the rest are the answer choices for each box.

Last two images are apples financial statements.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's Debt to Equity Ratio in 2018? [Select] Is Apple financed more with Debt or Equity? (Select] What is Apple's Return on Assets in 2018? [Select] If Apple's Average Number of Common Shares Outstanding in 2018 is 4,955.377m what is Apple's Earnings per Share (EPS) in 2018? (Select] If Apple's Average Number of Common Shares Outstanding in 2017 is 5,217.242m what is Apple's Earnings per Share (EPS) in 2017? [Select] Did Apple's EPS increase or decrease from 2017 to 2018? Select ] What is Apple's Net Working Capital in 2018 Select $14,473m $107,147m $92,674 What is Annle's Current Ratio in 20182 [ Sell What is Apple's Current Ratio in 2018 [Select] 1.41 1.12 1.65 What is Annle's Debt Ratio in 2018? 20409 What is Apple's Debt Ratio in 2018 [Select] .89 .60 .32 .71 What is Apple's Debt to Equity Rati What is Apple's Debt to Equity Ratio in 2018 [Select] 1.09 2.41 1.32 .70 Is Apple financed more with Debt or Equity? Is Apple financed more with Debt or Equity [Select] Debt Equity What is Apple's Return on Assets in 2018 [Select] 25.4% 45.3% 15.9% 16.1% If Apple's Average Number of Common SI If Apple's Average Number of Common Shares Outstanding in 2018 is 4,955.377m what is Apple's Earnings per Share (EPS) in 2018 [Select] $0.12/share $12.01/share If Apple's Average Number of Com $0.09/share 17 is 5,217.242m what is Apple's $1.20/share Earnings per Share (EPS) in 2017 $0.93/share $9.27/share If Apple's Average Number of Common Shares Outstanding in 2017 is 5,217.242m what is Apple's [Select] Earnings per Share (EPS) in 2017| $9.27/share $0.12/share $12.01/share Did Apple's EPS increase or decre $1.20/share $0.93/share $0.09/share Did Apple's EPS increase or decrease from 2017 to 2018 [Select] decrease increase Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 29, 2018 September 30, 2017 ASSETS: Current assets: $ Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets 25,913 40,388 23,186 3,956 25,809 12,087 131,339 20,289 53,892 17,874 4,855 17,799 13,936 128,645 Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets 170,799 41,304 22,283 234,386 365,725 194,714 33,783 18,177 246,674 375,319 $ $ LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: $ $ Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities 55,888 32,687 7,543 11,964 8,784 116,866 44,242 30,551 7,548 11,977 6,496 100,814 Non-current liabilities: Deferred revenue Term debt Other non-current liabilities Total non-current liabilities Total liabilities 2,797 93,735 45,180 141,712 258,578 2,836 97,207 40,415 140,458 241,272 ommitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized: 4,754,986 and 5,126,201 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity $ See accompanying Notes to Consolidated Financial Statements. 40,201 70,400 (3,454) 107,147 365,725 35,867 98,330 (150) 134,047 375,319 $ Apple Inc. 2018 Form 10-K | 40 Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) September 29, 2018 $ 265,595 Years ended September 30, 2017 $ 229,234 September 24, 2016 $ 215,639 Net sales Cost of sales Gross margin 163,756 101,839 141,048 88,186 131,376 84,263 Operating expenses: Research and development Selling, general and administrative Total operating expenses 14,236 16,705 30,941 11,581 15,261 26,842 10,045 14,194 24,239 Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income 70,898 2,005 72,903 13,372 59,531 61,344 2,745 64,089 15,738 48,351 $ 60,024 1,348 61,372 15,685 45,687 $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ronald W Hilton

7th Edition

0073022853, 978-0073022857

More Books

Students also viewed these Accounting questions