Apple PROFITABILITY & LIQUIDITY, SOLVENCY, & EFFICIENCY RATIOS 2023-2022 All Data is in Millions Formula 2023 Results 2022 Results Statement Formula 2023 Results 2022 Results Cash Conversion Cycle 2023 2022 Gross Profit % (also called Gross Profit Gross Profit Income Statement Accounts Receivable Turnover Revenue Margin) Revenue Income Statement Average Account Receivables Days In Inventory (DII) 0.00 0.00 2023 Results 2022 Results Formula 2023 Results 2022 Results Days Sales Outstanding (DSO) 0.00 0.00 Net Profit % Net Income Income Statement Days' Sales Days In Year 365 365 Days Payable Outstanding (DPO) 0.00 0.00 (also called Gross Profit in Receivables Margin) Revenue Income Statement Accounts Receivables Turnover Cash Conversion Cycle 0.00 0.00 2023 Results 2022 Results Formula 2023 Results 2022 Results NOTE: You will need to calculate your own Average for each Turnover Ratio: Total Liabilities Balance Sheet Debt to Asset Ratio Inventory Turnover Total Assets Balance Sheet Cost of Good Sold Average Inventory Average Equation: 2023 Average: (2023 + 2022)/2 2023 Results 2022 Results Formula 2023 Results 2022 Results 2022 Average: (2022 + 2021)/2 Current Assets Balance Sheet Current Ratio Current Liabilities Balance Sheet Days' Sales in Inventory Days In Year Inventory Turnover 365 365 2023 Results 2022 Results Formula 2023 Results 2022 Results (Current Assets Quick Ratio - Inventory) Current Liabilities Balance Sheet Balance Sheet Balance Sheet Accounts Payable Turnover Cost of Goods Sold Average Accounts Payables Formula 2023 Results 2022 Results 2023 Results 2022 Results Payable Turnover Cash Flow in Days Days In Year Accounts Payables Turnover 365 365 Free Cash Flow Cash generated by operating activities Property, Plant, and Equipment Cash Flow

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 1AP

See similar textbooks

Related questions

Question

SPREADSHEET DIRECTIONS:

Apple Inc. wants to conduct a comparative Ratio Analysis of their last 2 years to reveal insight into their profitability, liquidity, solvency, and operational efficiency.

Utilize the provided Ratios to complete the Analysis.

Utilize the APPLE Income Statement, APPLE Balance Sheet, APPLE Cash Flow Statement Spreadsheets and the Ratio Equations to complete the missing colored cells.

spreadsheet https://docs.google.com/spreadsheets/d/1PMxi_-pVCN3FvbeCZTQ7q9caeDtA1x1x/edit?usp=sharing&ouid=103368527338324517598&rtpof=true&sd=true