Caculate the following ratios for Apple Inc. Earnings per share Debt to equity ratio Dividend yield Price earnings ratio

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Caculate the following ratios for Apple Inc.

  1. Earnings per share
  2. Debt to equity ratio
  3. Dividend yield
  4. Price earnings ratio 
Current assets:
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Inventories
Vendor non-trade receivables
Other current assets
Total current assets
Non-current assets:
Marketable securities
Property, plant and equipment, net
Other non-current assets
Total non-current assets
Total assets
Current liabilities:
Accounts payable
Other current liabilities
Deferred revenue
Commercial paper
Term debt
Total current liabilities
Non-current liabilities:
Term debt
Other non-current liabilities
Total non-current liabilities
Total liabilities
Commitments and contingencies
September 24,
2022
ASSETS:
Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par
value: 50,400,000 shares
Retained earnings/Accumulated deficit)
Accumulated other comprehensive income/(loss)
LIABILITIES AND SHAREHOLDERS' EQUITY:
authorized; 15,943,425 and 16,426,786 shares issued and
outstanding, respectively
Total shareholders' equity
Total liabilities and shareholders' equity
$ 23,646
24,658
28,184
4,946
32,748
21,223
135,405
120,805
42,117
54,428
217,350
$ 352,755
$ 64,115
80,845
7,912
9,982
11,128
153,982
98,950
49,142
148,101
302,083
september
25,
2021
64,849
(3,068)
(11,109)
50,672
$ 352,755
5
$
$
$
34,940
27,699
28,278
6,580
25,228
14,111
134,838
127,877
39,440
48,840
218,168
351,002
54,763
47,493
7,612
6,000
9,613
125,481
109,106
53,325
182,431
287,912
57,385
5,562
163
63,090
351,002
Transcribed Image Text:Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies September 24, 2022 ASSETS: Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares Retained earnings/Accumulated deficit) Accumulated other comprehensive income/(loss) LIABILITIES AND SHAREHOLDERS' EQUITY: authorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively Total shareholders' equity Total liabilities and shareholders' equity $ 23,646 24,658 28,184 4,946 32,748 21,223 135,405 120,805 42,117 54,428 217,350 $ 352,755 $ 64,115 80,845 7,912 9,982 11,128 153,982 98,950 49,142 148,101 302,083 september 25, 2021 64,849 (3,068) (11,109) 50,672 $ 352,755 5 $ $ $ 34,940 27,699 28,278 6,580 25,228 14,111 134,838 127,877 39,440 48,840 218,168 351,002 54,763 47,493 7,612 6,000 9,613 125,481 109,106 53,325 182,431 287,912 57,385 5,562 163 63,090 351,002
F
Net sales:
Products
Services
Total net sales
Cost of sales:
Products
Services
Total cost of sales
Gross margin
Operating expenses:
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Other income/(expense), net
Income before provision for income
taxes
Provision for income taxes
Net income
September 24,
2022
$ 316,199
78,129
394,328
201,471
22,075
223,546
170,782
26,251
25,094
51,345
119,437
(334)
119,103
19,300
$ 99,803
September 25,
2021
$ 297,392
68,425
365,817
192,266
20,715
212,981
152,836
21,914
21,973
43,887
108,949
258
Years ended
109,207
14,527
$ 94,680
September 26,
2020
$ 220,747
53,768
274,515
$
151,286
18,273
169,559
104,956
18,752
19,916
38,668
66,288
803
67,091
9,680
57,411
Transcribed Image Text:F Net sales: Products Services Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income September 24, 2022 $ 316,199 78,129 394,328 201,471 22,075 223,546 170,782 26,251 25,094 51,345 119,437 (334) 119,103 19,300 $ 99,803 September 25, 2021 $ 297,392 68,425 365,817 192,266 20,715 212,981 152,836 21,914 21,973 43,887 108,949 258 Years ended 109,207 14,527 $ 94,680 September 26, 2020 $ 220,747 53,768 274,515 $ 151,286 18,273 169,559 104,956 18,752 19,916 38,668 66,288 803 67,091 9,680 57,411
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