Question: The following data were disclosed in the annual reports of

The following data were disclosed in the annual reports of Apple Inc., which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. Its products include Mac, iPod, iPhone, and iPad, among others.
Required:
1. Compute Apple’s fixed asset turnover ratio for the four years 2009 through 2012.
2. How might a financial analyst interpret the results?

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  • CreatedAugust 04, 2015
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