Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. below is the company data for apple inc, currently

Below is the company data for Apple Inc, currently being traded on the US markets....

70.2K

Verified Solution

Question

Finance

Below is the company data for Apple Inc, currently being traded on the US markets. The measures are stated om millions of USD currency.

Cash & marketable securities $165

Fixed assets $286

Net sales $1320

Earnings Before Interests and Taxes (EBIT) $143

Net Earnings After Taxes (NEAT ) $ 66

Quick Ratio ((CA-Inventory)/CL) 2.1 to 1

Current Ratio (CA/CL) 3.4 to 1

Average Collection Period (ACP) 45.60 days

Return on Equity (ROE, NEAT/Net Common Equity) 13%

Tax rate 25%

For Apples Liabilities & Equity side, they only report common equity, debt and current operating liabilities.

Based on the detailed information above, find the following calculations;

(1) Accounts Receivables, (2) Current Operating Liabilities, (3) Current Assets, (4) Total Assets, (5) Net Common Equity,and (6) Debt.

With the increase in online commerce, assume Apple has decreased its ACP by 15.60 days (i.e., totaling 30 days) while holding all other variables constant, how much cash could they generate?

What is Apples ROIC (post-tax) ?

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In December 2017, an American investor buys 1,000 shares in a Mexican company at a price...

Finance
Q

Identify and discuss the significant trends related to diversity, ethics and sustainability that impact a university. What...

Civil Engineering
Q

Write a high school (9th grade) level story correctly using the following words: Unprecedented, Delegate, Tacit,...

Psychology
Q

Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates...

Accounting
Q

Lipids are organic macromolecules that serve a variety of purposes What is the most in...

Biology
Q

Let f(x) = x + 3x - 9x + 15.(a) Use the definition of a...

Basic Math
Q

Break down the data into logical, smaller, more manageable units to...

Accounting
Q

Which of the following is not required to be disclosed in financial statements under nature...

Accounting
Q

The following summarizes the aging of accounts recelvable for Johnston Supplles, Inc. as of July...

Accounting
Q

LNS corporation reported the following taxable income at the end of its first, second, and...

Accounting
Q

Assignment Question(s) (Allotted Marks: 15/15) Question 1.a). Discuss on what is job costing, its features...

Accounting
Q

The Case of the Botched Appraisal You have recently graduated from University of Texas, Arlington...

Finance