Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Briefly describe your perception of Apple's liquidity and profitability based on your calculations and review of these ratios and results.
Transcribed Image Text:#6
2021
2020
2021
2020
ROI Using Dupont
16289803.96% =
11890943.04%
ROE
9805510.41%
=
7950851.05%
=
=
Margin X
41.78% X
38.23% X
94,680
Turnover
57,411
389,900.76
Net Income / Average Stockholders Equity* Average Stockholders Equity (SH
311,010.54
1
1
1.0
0.7
=
Total SHE at End of Previous Year + To
2
63090
65339
65339
90488
Transcribed Image Text:#1
#2
# 3
#4
#5
2021
2020
2021
2020
2021
2020
2021
2020
2021
2020
Working Capital
$
$
9,355
38,321
107.46%
136.36%
Margin
41.78%
Current Ratio = Current Assets/
38.23%
Turnover
389,900.76
311,010.54
ROI
=
=
=
=
Current Assets -
A
10091330.83% =
134,836
6504353.54% =
143,713
134,836/
143,713 /
(Net Sales
365,817
274,515
Net Sales /
365,817
= Net Income /
274,515
94,680
57,411
Current Liabilities
125,481
105,392
Current Liabilities
125,481
105,392
Cost of Sales)
212,981 /
169,559 /
Average Total Assets
Average Total Assets*
1
1
1
1
1
Net Sales
365,817
274,515
* Average Total Assets
* Average Total Assets
0.9
0.9
0.9
=
0.9 =
Total Assets at End of Previous Year + T
2
134,836
143,713
143,713
162,819
Total Assets at End of Previous Year + T
2
134,836
143,713
143,713
162,819
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 8 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education