Apple 2022 2021 Inventory $4,946 $6,580 Total Revenues $394,328 $365,817 Cost of Sales $223, 546 $212,981 Inventory
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Apple | 2022 | 2021 |
Inventory | $4,946 | $6,580 |
Total Revenues | $394,328 | $365,817 |
Cost of Sales | $223, 546 | $212,981 |
Inventory T/O Ratio | 45.20 | 32.37 |
Gross Profit Ratio | 43.31% | 41.78% |
Cisco | 2022 | 2021 |
Inventory | $2,568 | $1,559 |
Total Revenues | $51,557 | $49,818 |
Cost of Sales | $19,309 | $17,924 |
Inventory T/O Ratio | 7.52 | 11.50 |
Gross Profit Ratio | 62.55% | 64.02% |
- For the inventory turnover ratio, what does the difference for that ratio between Apple and Cisco tell you about their inventory management? Was there any trend in this ratio for either Company or for both Companies over the last two years? Was that trend positive or negative?
- For the gross profit ratio calculations, what do the results for both companies tell you about their overall profitability for the last two years? Was there any trend in this ratio for either Company or for both Companies over the last two years? Was that trend positive or negative?
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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