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The following summarized data ( amounts in milions ) are taken from the September 2 6 , 2 0 2 0 , and September 2
The following summarized data amounts in milions are taken from the September and September comparative
financial statements of Apple Incorporated, a company that designs, manufactures, and markets mobile communication and media
devices and personal computers; sells a variety of related software, services, accessories, networking solutions, and offers thirdparty
digital content and applications:
and total shareholders' equity was $
Required:
a Calculate Apple Incorporated's working capital, current ratio, and acidtest ratio at September and September
b Calculate Apple's ROE for the years ended September and September
c Calculate Apple's ROI, showing margin and turnover, for the years ended September and September
Complete this question by entering your answers in the tabs below.
Calculate Apple's ROE for the years ended September and September
Note: Round your answers to decimal place.
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