Question: TAKING IT TO THE NET A 3 APPLE BTN 5 - 3 Access the September 2 9 , 2 0 1 8 , 1 0
TAKING IT TO THE NET A APPLE BTN Access the September K report for Apple, Inc. ticker: AAPL filed on November from the EDGAR filings at SEC.gov. Required What products are manufactured by Apple? What inventory method does Apple use? Hint: See Note to its financial statements. Compute its gross profit and gross profit ratio for the fiscal year. Comment on your computationsassume an industry average of for the gross profit ratio. Compute its inventory turnover and days sales in inventory for the year ended September Comment on your computationsassume an industry average of for inventory turnover and for days sales in inventory.
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