Question: QUESTION 8,9, AND 10 PLEASE Below are Apple's most recent financial statements. Use them to answer the following questions INCOME STATEMENT - USD ($) Dec

QUESTION 8,9, AND 10 PLEASE  QUESTION 8,9, AND 10 PLEASE Below are Apple's most recent financial
statements. Use them to answer the following questions INCOME STATEMENT - USD
($) Dec 31, 2020 Dec 31, 2019 Sales $274,515 $260,174 Cost of
goods sold 169,559 161,782 Operating expenses: 18,752 16,217 Research and development Selling,

Below are Apple's most recent financial statements. Use them to answer the following questions INCOME STATEMENT - USD ($) Dec 31, 2020 Dec 31, 2019 Sales $274,515 $260,174 Cost of goods sold 169,559 161,782 Operating expenses: 18,752 16,217 Research and development Selling, general and administrative 19,916 18.245 Total operating expenses 38,668 34,462 Operating income 66,288 63,930 803 1.807 Other income/(expense), net Income before provision for income taxes Provision for income taxes 67,091 65,737 9.680 10,481 Net income $57,411 $55,256 BALANCE SHEETS - USD ($) Dec 31, 2020 Dec 31, 2019 $38,016 $48,844 157,054 Assets: Cash and cash equivalents Marketable securities Accounts receivable Inventories Property, plant and equipment, net Other assets 153,814 16,120 22,926 4,106 5,061 36,766 75.111 37,378 68,208 338,516 Total assets 323,888 46,236 5,522 42,296 6,643 112,436 97,174 108,047 88,223 Liabilities Accounts payable Deferred revenue Notes Payable Other non-current liabilities Total liabilities Shareholders' equity: Contributed Capital Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 258,549 248,028 50,779 45.174 14,560 45.314 65,339 90.488 $323,888 $338,516 Question 8 3 pts What is Apple's inventory turnover ratio for 2020? Round to two decimal points. Question 9 3 pts What is Apple's accounts receivable turnover ratio for 2020? Round to two decimal points. D Question 10 2 pts How many days does it take for Apple's to collect its accounts receivable in 2020? Round to the nearest day

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