Table P2.4 shows financial statements for Apple Computer Corporation. The closing stock price ofr Apple was $128.24

Question:

Table P2.4 shows for Apple Computer Corporation. The closing stock price ofr Apple was $128.24 on September 26,2008. The average number of outstanding shares was 982.11 million. On the basis of the financial data presented, compute the various and make an informed analysis of Apple's financial health.
(a) Debt ratio
(b) Times - interest - earned ratio
(c) Current ratio
(d) Quic (acid - test) ratio
(e) Inventory - turnover ratio
(f) Day's - sales - outstanding
(g) Total - assets - turnover ratio
(h) Profit margin on sales
(i) Return on total assets
(j) Return on common equity
(k) Price / earnings ratio
(l) Book value per share Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Financial Ratios
The term is enough to curl one's hair, conjuring up those complex problems we encountered in high school math that left many of us babbling and frustrated. But when it comes to investing, that need not be the case. In fact, there are ratios that,...