How is the date determined? 2. What factors does Apple use to assess Allowance for Doubtful Accounts? 3. What inventory method is used for inventories? 4. What depreciation method is used for Property, Plant and Equipment? What is the estimated useful life for the following assets? 5. Building 6. Machinery and equipment V. Review A le's Ratios Anal sis for 2012 Pa e 588596 (20 Points) 1. Current Ratio (pages 589590} (2 points) a. What was Apple's Current ratio in 2011 and 2012? b. How does this ratio compare to the industry, Google and Samsung? 0. What guideline does the textbook author use to evaluate a company's debt- paying ability? 2. Accounts Receivable Turnover {page 591) {2 points) a. What was Apple's Accounts Receivable Turnover ratio for 2012? b. How does this ratio compare to the industry, Google and Samsung? 0. If the Accounts Receivable Turnover is generally in the range of ? to 12, how is Apple doing? 3. Inventmj Turnover (page 591) (2 points) a. What was Apple's Inventory turnover ratio for 2012? b. How does this ratio compare the industry, Google and Samsung