Explore BrainMass

Explore BrainMass

    Financial Ratio Analysis for Apple Inc

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Review the balance sheet and income statement of Apple Inc's 2015 Annual Report.

    Calculate the following ratios using Microsoft® Excel®:
    Current Ratio
    Quick Ratio
    Debt Equity Ratio
    Inventory Turnover Ratio
    Receivables Turnover Ratio
    Total Assets Turnover Ratio
    Profit Margin (Net Margin) Ratio
    Return on Assets Ratio

    © BrainMass Inc. brainmass.com March 5, 2021, 1:51 am ad1c9bdddf

    Solution Preview

    In compliance with BrainMass rules this is not a hand in ready assignment but is only guidance.
    Apple Inc.
    Based on 2015 balance sheet and income statement the following ratios are calculated: If required these can be placed on excel.

    Current Ratio:
    The current ratio is the liquidity ratio that helps measure the company's ability to pay short term and long term obligations. To get the current ratio, the current assets are divided by current assets. In this case 89.38 billion is divided by 80.61. The current ratio is 1.1088

    Quick Ratio:
    This ratio is found by (Cash + Accounts Receivables + Short Term Investments)/ Current Liabilities. This ratio helps assess ...

    Solution Summary

    The response provides you a structured explanation of ratio allocations of Apple Inc 2015 . It also gives you the relevant references.