Contemporary Engineering Economics 6th Edition by Chan Park

Exercise 15

Table shows financial statements for Apple Computer Corporation. The closing stock price for Apple was $68.11 on September 30, 2013. The average number of outstanding shares was 6.03 billion. On the basis of the financial data presented, compute the various financial ratios and make an informed analysis of Apple's financial health.
(a) Debt ratio
(b) Times-interest-earned ratio
(c) Current ratio
(d) Quick (acid-test) ratio
(e) Inventory-turnover ratio
(f) Day's-sales-outstanding
(g) Total-assets-turnover ratio
(h) Profit margin on sales
(i) Return on total assets
(j) Return on common equity
(k) Price/earnings ratio
(l) Book value per share
Table