Attached is Apple Inc.'s financial information. Please answer questions 1-3.  1. Apple's acid-test ratio in 2021 is  a. 1.49  b. 1.22 c. 1.56  d. 0.91    2. Apple's days' sales in receivables in 2021 is  a. 61.26  b. 50.69  c. 38.27 d. 46.18   3. Apple's long term debt to equity ratio in 2021 is  a. 2.54 b. 1.64 c. 0.87 d. 1.89

Analyze your company’s liability section of the comparative balance sheets.  Has the composition of current and long-term liabilities changed significantly over the period?  Explain? Liabilities and Equity sections of Walmart's Balance Sheet    As of January 31, (Amounts in millions) 2019 2018 LIABILITIES AND EQUITY     Current liabilities:     Short-term borrowings  $    5,225  $    5,257 Accounts payable 47,060 46,092 Accrued liabilities 22,159 22,122 Accrued income taxes 428 645 Long-term debt due within one year 1,876 3,738 Capital lease and financing obligations due within one year 729 667 Total current liabilities 77,477 78,521       Long-term debt 43,520 30,045 Long-term capital lease and financing obligations 6,683 6,780 Deferred income taxes and other 11,981 8,354 Total liabilities 139,661 123,700

The below tables shows Dynamic Mattress’s year-end 2016 and 2018 balance sheets, and its income statement for 2017. Dynamic MattressYear-End Balance Sheet for 2016(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 22   Bank loans $ 22 Marketable securities   11   Accounts payable   80 Accounts receivable   111         Inventory   155         Total current assets $ 299   Total current liabilities $ 102               Fixed assets:             Gross investment $ 251   Long-term debt   26 Less depreciation   71   Net worth (equity and retained earnings)   351 Net fixed assets $ 180         Total assets $ 479   Total liabilities and net worth $ 479     Dynamic MattressYear-End Balance Sheet for 2017(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 32.0   Debt due within a year (bank…

What do the following data, taken from a comparative balance sheet, indicate about the companys ability to borrow additional long-term debt in the current year as compared to the preceding year?

Real-world annual report The financial statements for Nike, Inc. (NKE), are presented in Appendix E at the end of the text. The following additional information is available (in thousands): Instructions 1. Determine the following measures for the fiscal years ended May 31, 2017, and May 31, 2016. Round ratios and percentages to one decimal place. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover e. Number of days sales in receivables f. Inventory turnover g. Number of days sales in inventory' h. Ratio of liabilities to stockholders equity i. Asset turnover j. Return on total assets, assuming interest expense is 82 million for the year ending May 31. 2017, and 33 million for the year ending May 31, 2016. k. k. Return on common stockholders equity l. Price-eamings ratio, assuming that the market price was 52.81 per share on May 31, 2017, and 54.35 per share on May 31, 2016. m. m. Percentage relationship of net income to sales 2. What conclusions can be drawn from these analyses?

At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements:     2016 2015 Total Assets   $ 13,200     $ 12,300   Total Liabilities     8,316       7,503   Interest Expense     300       300   Income Tax Expense     480       290   Net Income     1,080       1,000       Required: 1.Compute the debt-to-assets ratio and times interest earned ratio for 2016 and 2015. (Round your answers to 2 decimal places.)

Analyzing the ability to pay liabilities Big Beautiful Photo Shop has asked you to determine whether the company’s ability to pay current liabilities and total liabilities improved or deteriorated during 2018. To answer this question, you gather the following data: Compute the following ratios for 2018 and 2017, and evaluate the company’s ability to Pay its current Liabilities and total liabilities: a. Current ratio b. Cash ratio c. Acid-test ratio d. Debt ratio e. Debt to equity ratio

conduct horizontal and vertical analyses for the balance sheet and income statement accounts and report any significant observations for a two-year period. Debt Financing Use basic financial analysis to examine any horizontal changes in Starbucks’ short- and long-term debt over time. Use basic financial analysis to examine any vertical changes in Starbucks’ short- and long-term debt over time.

Assume that on December 1, 2010, your company borrowed $14,000 a portion of which is to be repaid each year on november 30. Specifically your company will make the following principal payments: 2011. $2,000; 2012, $3,000; 2013, $4,000; and 2014, $5,000. Show how this loan will be reported in the December 31, 2011 and 2010 balance sheets, assuming that principal payments will be made when required.