Loose Leaf for Fundamental Accounting Principles
Loose Leaf for Fundamental Accounting Principles
23rd Edition
ISBN: 9781259687709
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 17, Problem 15DQ
To determine

Concept Introduction:

Equity ratio: The equity ratio is calculated by dividing total shareholder’s equity by its total assets. It measures the ratio of shareholder’s equity with the total assets of the business.

It is calculated as under –

Equity Ratio = Total Shareholder's EquityTotal Assets

To compute:

Equity ratio of Apple for the year ended on –

1. September 26, 2015

2. September 26, 2014

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Chapter 17 Solutions

Loose Leaf for Fundamental Accounting Principles

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License