Please write the industry averages and the interpretation for Apple. Ratio Analysis Ratios with Formulas

Ratio Analysis

Liquidity Ratios

Current Ratio

Quick Ratio

Cash Ratio

Profitability Ratios

Gross Profit Margin

Operating Profit Margin

EBIT Return on Assets

Pre$-$tax Income to Sales

Pre$-$tax Return on Assets

Pre$-$tax Return on common equity

Return on Assets

Return on Equity

Asset Utilization$/$ Turnover Ratios

Total Asset Turnover

Accounts Receivable Turnover

Inventory Turnover

Capital Intensity

Debt Ratios

Total Debt to Total Assets

Total Debt to Total Equity

Total Equity to Total Assets

Equity Multiplier

Formula

Current Assets$/$ Current Liabilities

$($Cash$+$ Marketable Securities$+$AR$)/$Current Liabilities

$($Cash$+$ Marketable Securities$)/$Current liabilities

$\backslash$table$[[$Formula$,2023,2022,],[$Gross Profit$/$ Revenues,$0\mathrm{.}43902,0\mathrm{.}43309631,],[$Operating Profit$/$Revenue$,,0\mathrm{.}296666104,0\mathrm{.}30288744],[$EBIT$/$Average Total Assets,$0\mathrm{.}324102771,,],[$Pretax Income$/$ Revenue,$0\mathrm{.}295199657,0\mathrm{.}30204043,],[$Pretax Income$/$Total Assets,$0\mathrm{.}297285288,0\mathrm{.}3376366,],[$Pretax$/$Common Equity,$0\mathrm{.}328008606,0\mathrm{.}3376366,],[$Net Income$/$ Total Assets,$0\mathrm{.}253526686,0\mathrm{.}09817012,],[$Net Income$/$ Average Total Equity,$0\mathrm{.}859747558,,]]$

Revenue$/$ Average Total Assets

Revenue$/$ Average Accounts Receivable

Cost of Goods Sold$/$Average Inventory

Average Total Assets$/$Net Sales

Formula

Total Liabilities$/$ Total Assets

Total Liabilities$/$ Total Equity

Total Equity$/$ Total Assets

Total Assets$/$ Total Equity

$2022$ Industry AvgInterpre

$0\mathrm{.}988011672,0\mathrm{.}8794$

$0\mathrm{.}944444215,0\mathrm{.}84723539$

$0\mathrm{.}94444215,0\mathrm{.}847235390\mathrm{.}3$

$1\mathrm{.}4993$ In both:

$0\mathrm{.}64$ In both :

$0\mathrm{.}37$ In both :

$1\mathrm{.}09248332$

$6\mathrm{.}320447518$

$33\mathrm{.}82356666$

$3\mathrm{.}65884757$

$0\mathrm{.}823740793,0\mathrm{.}85635356$

$4\mathrm{.}673462492,5\mathrm{.}96153694$

$0\mathrm{.}1762592070\mathrm{.}14364644$

$5\mathrm{.}673462492,6\mathrm{.}96153694$