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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Authors: John R Walker
2nd Edition
013243766X, 9780132437660
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