Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-purrent assets Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) Commitments and contingencies Accumulated other comprehensive income/(loss) Total shareholders' equity ASSETS: Shareholders' equity. Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,043,425 and 16,420,786 shares issued and outstanding, respectively Retained earnings/(Accumulated deficit) Total liabilities and shareholders' equity LIABILITIES AND SHAREHOLDERS' EQUITY: See accompanying Notes to Consolidated Financial Statements. Apple Inc. | 2022 Form 10-K | 31 S September 24, 2022 23,646 $ 24,658 28,184 4,940 32.748 21.223 135,405 120,805 42,117 54,428 217,350 352,755 S 64,115 S 60,845 7.912 0,992 11,128 153,982 98,959 49,142 148,101 302,083 64,849 (3.068) (11,109) 50,672 352,755 September 25, 2021 34,040 27,699 26,278 6,580 25,228 14,111 134,838 127,877 39,440 48,849 218,168 351,002 54,783 47,493 7,612 6,000 9,613 125,481 109,100 53,325 162,431 287.912 57,365 5,562 163 63,090 351,002

Shown below are Apple Inc's Consolidated Statements of Operations for years ended September 24, 2022, September 25, 2021, and September 26, 2020; and Consolidated Balance Sheets at September 24, 2022, and September 25, 2021. Determine the following (show your work) for Apple Inc: a. Return on Equity for the year ended September 24, 2022. b. Acid-test ratio at September 24, 2022 Number of days sales in accounts receivable at September 24, 2022 Inventory turnover for the year ended September 24, 2022 With a common stock market price of $150.43 at September 24, 2022, the Price Earnings Ratio for the year ended september 24, 2022. C. d. e. f. 8. Do you conider the PE ratio in part e to be below average, average or above average? Why? The debt to equity ratio at September 24, 2022 Net sales: Products Services Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating…

Forecasting with the Parsimonious Method and Estimating Share Value Using the DCF Model Following are income statements and balance sheets for Cisco Systems. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Cisco Systems Consolidated Statements of Income Years Ended December ($ millions) July 27, 2019 July 28, 2018 Revenue Product $33,544 $31,570 Service 11,093 10,854 Total revenue 44,637 42,424 Cost of sales Product 12,782 12,407 Service 3,763 3,695 Total cost of sales 16,545 16,102 Gross margin 28,092 26,322 Operating expenses Research and development 5,656 5,446 Sales and marketing 8,231 7,948 General and administrative 1,571 1,844 Amortization of purchased intangible assets 129 190 Restructuring and other charges 277 308 Total operating expenses 15,864 15,736 Operating income 12,228 10,586 Interest income 1,125 1,297 Interest expense (739) (811) Other…

The following ratios have been computed for Pina Colada Company for 2022. Profit margin ratio   20 %   Current ratio   2.5 :1 Times interest earned   12 times   Debt to assets ratio   24 % Accounts receivable turnover   5 times           Use the above ratios and information from the Pina Colada Company financial statements to fill in the missing information on the financial statements.The 2022 financial statements for Pina Colada Company with missing information follows: (Include calculations) PINA COLADA COMPANYComparative Balance SheetDecember 31,     2022   2021 Assets Cash   $ 26,500   $ 37,100 Debt Investments   15,900   15,900 Accounts receivable (net)       53,000 Inventory       53,000 Property, plant, and equipment (net)   212,000   169,600        Total assets         Liabilities and stockholders' equity Accounts payable   $ 15,900   $ 26,500 Short-term notes payable   37,100   31,800 Bonds payable   Enter…

Use the Ulta annual report to calculate profit margin, total debt ratio, and cash ratio for the year ending in 2021.

Suppose selected comparative statement data for the giant bookseller Barnes & Noble are as follows. All balance sheet data are as of the end of the fiscal year (in millions). Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2022 $4,750.0 3.300.3 85.3 75.1 1,150.0 2,850.0 900.2 2021 $5,500.6 3,700.6 110.1 102.2 1.250.0 3,250.1 1.120.7

Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2024 is the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45% or parentheses e.g. (45), (45%). Round percentages to 2 decimal places, e.g. 1.25%.) Current Assets Dec. 31, 2022 Dec. 31, 2024 $191,100 $210,000 $ Plant Assets 1,058,600 790,000 Total assets $1,249,700 $1,000,000 $ Increase (Decrease) in 2022 Amount Percent % % %

Current Attempt in Progress Operating data for Grouper Corp. are presented as follows. Net sales Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 2022 $840,000 540,120 133,560 57,120 31,920 77,280 2021 $610,000 405,650 80,520 46,970 26,840 50,020 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.)

Using these data from the comparative balance sheets of Bonita Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) Accounts receivable (net) Inventory Total assets Amount $435.960 December 31, 2022 December 31, 2021 $422,800 720.720 2.520,000 $435.960 December 31, 2022 720.720 2,520.000 Percentage 624,400 2,800,000 Amount $422,800 624,400 2.800,000 December 31, 2021 Percentage % 8

Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the fiscal year (in millions). Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity a. b. C. d. e. Profit margin Asset turnover Return on assets 2025 $5,050.3 Gross profit rate 3,700.7 65.1 65.0 1.250.1 Compute the following ratios for 2025. (Round asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) 2,950.1 940.6 Return on common stockholders' equity 2024 $5,800.9 3,200.1 190.9 106.6 1,350.1 3,250.1 1,100.5 % times % % %