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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 27
In 2010 Apple introduced the iPad, and the sales of this device helped boost Apple revenuessignificantly. From the consolidated statements of income and balance sheets for Apple on the following page, prepare the following financial ratios for 2010 and 2011
a. Current ratio
b. Acid test ratio
c. Asset turnover ratio
d. Debt-to-assets ratio
e. Debt-to-equity ratio
f. Net profit margin
g. Return on investment
h. Based on your calculations of the financial ratios for Apple, for each ratio, determine whether the 2011 figure was better or worse than the ratio for 2010.
i. How would you rate Apple's financial ratios in 2010 and 2011
a. Current ratio
b. Acid test ratio
c. Asset turnover ratio
d. Debt-to-assets ratio
e. Debt-to-equity ratio
f. Net profit margin
g. Return on investment
h. Based on your calculations of the financial ratios for Apple, for each ratio, determine whether the 2011 figure was better or worse than the ratio for 2010.
i. How would you rate Apple's financial ratios in 2010 and 2011
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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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