Question: Using the financial data provided for Apple Inc., calculate the following financial ratios: Ratio Formula Value Current Ratio Current Assets / Current Liabilities 1.5 Quick

  • Using the financial data provided for Apple Inc., calculate the following financial ratios:

Ratio

Formula

Value

Current Ratio

Current Assets / Current Liabilities

1.5

Quick Ratio

(Current Assets - Inventory) / Current Liabilities

1.0

Debt Ratio

Total Debt / Total Assets

0.3

Profit Margin

Net Income / Revenue

20%

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