Question: Please help me with these questions I really need help!!!! I will post the financial statement and the questions please give me the answers to

Please help me with these questions I really need help!!!!

I will post the financial statement and the questions please give me the answers to each questions ( please use figures for the most recent years)

 Please help me with these questions I really need help!!!! I
will post the financial statement and the questions please give me the
answers to each questions ( please use figures for the most recent
years) 1. What is the estimated useful life for buildings? between 1-5

1. What is the estimated useful life for buildings?

  1. between 1-5 years
  2. 5 years
  3. 10 years
  4. the leaser of 40 years of remaning life of the building

2. Current Ratio (show your work)

  1. Calculate the current ratio
  2. does this ratio appear favorable or unfavorable? Why?

3. (Show your work) a. calculate the accounts receivable turnover ratio.

b. calculate the days sales uncollected ratio. does this ratio appear favorable or unfavorable? Why?

4. (Show your work) a. calculate the inventory turnover ratio

b. calculate the days sales in inventory ratio does this ration appear favorable or unfavorable? Why?

  1. Calculate the total asset turnover ratio
  2. a. Calculate the debt ratio (show your work)

b. what does this ratio tell you about Apple's risk

7. a. Calculate the debt-to-equity ratio (show your work)

b. what does this ratio tell you about Apple's capital structure and risk?

8. a. What is the current market price of the stock? (Give the date that you found this price).

(This is not in the financial statements provided.) It is noted on Apple's website or go to wwwyahoofinance.com to get the quote. The ticker symbol for Apple is AAPL.

  1. Calculate the Dividend Yield. (SHOW YOUR WORK. Calculate ratio to three decimal places.)
  2. Calculate the Price-Earnings Ratio. Use Basic Earnings Per Share. (SHOW YOUR WORK. Calculate ratio to three decimal places.)

d. If analysts give a range of higher than 20-25 for a stock to be considered overpriced and less than 5-8 for a stock to be considered underpriced, how is Apple doing?

9. Summary:

Your superior asks you to analyze Apple's financial condition (liquidity, efficiency, solvency, profitability) based on the financial statements and ratios presented in this case. Would you recommend it as a worthy investment (ves or no)? Support vour opinion using five answers from questions #1. Your response should be at least 5-6 sentences.

10. Describe how Apple determines its fiscal year?

11. What depreciation method is used for property, plant and equipment?

  1. double declining balance
  2. units of production
  3. straight line
  4. MACRS

Apple inc. CONSOLIOATED EALANCE SHEETS (In millonit, extept number of aheres ahich are rellected in thousends and par value) Apple inc. CONSOLIDATED STATEMENTS OF SHAREHOLDEAS' EQUTY (in milions, except per share amounts) Total shareholders' equity, beginning balances Common stock and additional paid-in capital: Beginning balances Common stock iszued Common stock withheld related to net share settement of equity awards Share-based compensation Ending balances \begin{tabular}{rrr} 57,365 & 50,779 & 45,174 \\ 1,175 & 1,105 & 880 \\ (2,971) & (2,627) & (2,250) \\ 9,280 & 8,108 & 6,975 \\ \hline 64,849 & 57,365 \\ \hline \end{tabular} Retained earmings(Accumulated defick): Beginning balances Net income Dividends and dividend equivalents declared Common stock withheld related to nel share settlement of equity awards Common stock repurchased Cumulative ellect of change in acoounting principle Ending balances Accumulated other comprohonolve income/(loss): Beginning balances Other comprehersive income/(loss) Cumulative eflect of change in acoounting principle Ending balances For the sale of third-party products where the Company obtains control of the product belore transteming it to the customer, the Compary recognizes revenue besed on the gross amount billed to customers. The Company considers mulilple factors when determining whether it oblains control of thild-party products, including evaluating if it can establish the price of the product. retains inventory risk for tangble products or has the responsibility for ensuing acceptablity of the product. For third-party Company does not obtain control of the produci betore Iransfering it to the customec. Therelore, the Company accounts for such The Company records revenue net of taxes oollocted from customers that wo rematted to govemmental authorities, with ihe collected taxes recorded within other current liablities until remitted to the relevant govemment authority. Share-Baned Compentation The Company generally measures share-based compensabon based on the closing price of the Company's common atock on the date of grath, ind recognizes cxpense on a stright-ine basis tor its estinate of equlty awards that will uitemately vost. Earnings Per Share The followne table phowe the compitation of bopio and ditithd epminge per share for 2022 , 2021 and 2020 (net income in migiont and shares in thounandex: The Compary applien the tronsury stock mothoe to doteming the dilitivo offoct of potentlatly ditutive securtiles. Cash Equivalents and Marketable Securities All highly liquld investments with maturities of three months or loss at the date of purchase are classified as cash equivalents. contractual maturliy dale. The Company's investments in mamelable equily seouliee are classlied based on the nature of he lecurties and their availability for use in current operatione The oost of securities sold is determined using the specilc identification method. inventories Apple inc. CONSOLIOATED EALANCE SHEETS (In millonit, extept number of aheres ahich are rellected in thousends and par value) Apple inc. CONSOLIDATED STATEMENTS OF SHAREHOLDEAS' EQUTY (in milions, except per share amounts) Total shareholders' equity, beginning balances Common stock and additional paid-in capital: Beginning balances Common stock iszued Common stock withheld related to net share settement of equity awards Share-based compensation Ending balances \begin{tabular}{rrr} 57,365 & 50,779 & 45,174 \\ 1,175 & 1,105 & 880 \\ (2,971) & (2,627) & (2,250) \\ 9,280 & 8,108 & 6,975 \\ \hline 64,849 & 57,365 \\ \hline \end{tabular} Retained earmings(Accumulated defick): Beginning balances Net income Dividends and dividend equivalents declared Common stock withheld related to nel share settlement of equity awards Common stock repurchased Cumulative ellect of change in acoounting principle Ending balances Accumulated other comprohonolve income/(loss): Beginning balances Other comprehersive income/(loss) Cumulative eflect of change in acoounting principle Ending balances For the sale of third-party products where the Company obtains control of the product belore transteming it to the customer, the Compary recognizes revenue besed on the gross amount billed to customers. The Company considers mulilple factors when determining whether it oblains control of thild-party products, including evaluating if it can establish the price of the product. retains inventory risk for tangble products or has the responsibility for ensuing acceptablity of the product. For third-party Company does not obtain control of the produci betore Iransfering it to the customec. Therelore, the Company accounts for such The Company records revenue net of taxes oollocted from customers that wo rematted to govemmental authorities, with ihe collected taxes recorded within other current liablities until remitted to the relevant govemment authority. Share-Baned Compentation The Company generally measures share-based compensabon based on the closing price of the Company's common atock on the date of grath, ind recognizes cxpense on a stright-ine basis tor its estinate of equlty awards that will uitemately vost. Earnings Per Share The followne table phowe the compitation of bopio and ditithd epminge per share for 2022 , 2021 and 2020 (net income in migiont and shares in thounandex: The Compary applien the tronsury stock mothoe to doteming the dilitivo offoct of potentlatly ditutive securtiles. Cash Equivalents and Marketable Securities All highly liquld investments with maturities of three months or loss at the date of purchase are classified as cash equivalents. contractual maturliy dale. The Company's investments in mamelable equily seouliee are classlied based on the nature of he lecurties and their availability for use in current operatione The oost of securities sold is determined using the specilc identification method. inventories

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