Consider the following selected accounts from the balance sheet (in millions) for Apple Inc. What is...
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Consider the following selected accounts from the balance sheet (in millions) for Apple Inc. What is the leverage ratio that would be used in the DuPont Framework for 2013? Use average balances for the ratio. Accounts Receivable, net Inventory P.P.&E, net Intangibles, net Total Assets Accounts Payable Accrued Expenses Other Current Liabilities Long Term Debt Other Long Term Liabilities Common Stock Retained Earnings AOCI & Other Equity 2012 10,930 791 15,452 5,359 176,064 21,175 11,414 5,953 0 2013 13,102 1,764 16,597 5,756 207,000 22,367 13,856 7,435 16,960 19,312 22,833 16,422 19,764 101,289 104,256 499 -471 Consider the following selected accounts from the balance sheet (in millions) for Apple Inc. What is the leverage ratio that would be used in the DuPont Framework for 2013? Use average balances for the ratio. Accounts Receivable, net Inventory P.P.&E, net Intangibles, net Total Assets Accounts Payable Accrued Expenses Other Current Liabilities Long Term Debt Other Long Term Liabilities Common Stock Retained Earnings AOCI & Other Equity 2012 10,930 791 15,452 5,359 176,064 21,175 11,414 5,953 0 2013 13,102 1,764 16,597 5,756 207,000 22,367 13,856 7,435 16,960 19,312 22,833 16,422 19,764 101,289 104,256 499 -471
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Related Book For
Financial Accounting
ISBN: 978-1259222139
9th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Posted Date:
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