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The qualitative factors that play a role in improving the company's financial health In the memo, suggest some specific ways in which Apple company can

The qualitative factors that play a role in improving the company's financial health

In the memo, suggest some specific ways in which Apple company can plan to improve below-industry-average ratio performance over time. Suggest annual targets over the next three years for each below-industry average ratio to catch up with or surpass industry averages. Explain why your recommendations should be effective.

Please provide a rationale for each of the ratios by why the three years explanations are reasonable for the company to achieve.

Please use the following below-industry-average ratios to explain.

Below-industry-Average Ratios

Apple, Inc. Industry Average

Fixed Asset Turnover: 0.85 1.5

Profit Margin 20.91 25.70

Time Interest Earned 22.08 25.45

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