Question: Li Use Apple's financial statements in Appendix A to answer the following. 1. What is the amount of Apple's accounts receivable as of September 28,2019



Li
Use Apple's financial statements in Appendix A to answer the following. 1. What is the amount of Apple's accounts receivable as of September 28,2019 ? 2. Compute Apple's accounts receivable turnover as of September 28, 2019. 3. Apple's most liquid assets include (a) cash and cash equivalents, (b) marketable securities (current), (c) accounts receivable, and (c) inventory. Compute the percentage that these liquid assets (in total) make up of current liabilities as of September 28,2019 , and as of September 29, 2018. 4. Did Apple's liquid assets as a percentage of current liabilities improve or worsen as of its fiscal 2019 year-end compared to its fiscal 2018 year-end? Complete this question by entering your answers in the tabs below. What Is the amount of Apple's accounts recelvable as of September 28, 2019? (Enter your answer In millions.) Complete this question by entering your answers in the tabs below. Compute Apple's accounts receivable turnover as of September 28,2019 . (Round your answer to 1 decimal place.) Apple's most liquid assets include (a) cash and cash equivalents, (b) marketable securities (current), (c) accounts receivable, and (d) inventory. Compute the percentage that these liquid assets (in total) make up of current liabilities as of September 28,2019 , and as of September 29,2018 . (Round your percentage answers to 1 decimal place.) Comparative figures for Apple and Google follow. Required: 1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. 2. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. (Round your answers to 1 decimal place.)
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