Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. apples current ratio for 2015 was %111 and in 2016

Apples current ratio for 2015 was %111 and in 2016 was %135. These ratios tell...

50.1K

Verified Solution

Question

Accounting

Apples current ratio for 2015 was %111 and in 2016 was %135. These ratios tell me that each year the company is growing. Looking at Apples ratios I see that the company continues to grow. I would say that its good for the company while looking over there financial information

could you provide some insight as to what this might say about the company, and the financial health of the organization? How could this ratio be used in decision making?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are some of the techniques that are useful to learn from mistakes that are made...

General Management
Q

In early January 2010?, you purchased ?$19 comma 000 worth of some? high-grade corporate bonds. The...

Finance
Q

Read the following selection and answer the question Launched Dec 7 2001 and designed to...

Biology
Q

1 Karine s friends are asking her to do heroin with them She doesn t...

Biology
Q

0 An AC voltage e eo sin 50t e cos 100mt is connected in series...

Physics
Q

Malik deposited $1,050 in a savings account, and it earned $241.50 in simple interest after...

Basic Math
Q

Apply appropriate identities to write as a single trig ratio 1 2 sin 22 a...

Algebra
Q

Job costing The liang Company employs a job order cost system to account for its...

Accounting
Q

Take me to the text Marty Monitors Ltd., a manufacturer of computer monitors, currently produces...

Accounting
Q

add calculations steps please \begin{tabular}{|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{BeforeAdjustment} & \multicolumn{2}{|c|}{AfterAdjustment} \\ \hline & Dr....

Accounting
Q

Most managers in an organization are responsible for running their departments as a "revenue center"...

Accounting
Q

label answers please =1

Finance