In mid-2012, Apple had cash and short-term investments of $27.65 billion,
accounting teacherIn mid-2012, Apple had cash and short-term investments of $27.65 billion, accounts receivable of $14.30 billion, current assets of $51.94 billion, and current liabilities of $33.06 billion. |
a. What was Apple’s current ratio? |
b. What was Apple’s quick ratio? |
c. What was Apple’s cash ratio? |
d. In mid-2012, Dell had a cash ratio of 0.67, a quick ratio of 1.11 and a current ratio of 1.35. What can you say about the asset liquidity of Apple relative to Dell? |
5 years ago
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FIN - 515 Managerial Finance
NOT RATED29. In fiscal year 2011, Starbucks Corporation (SBUX) had revenue of $11.70 billion, gross profit of $6.75 billion, and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 …
7 years agoManagerial Finance:FIN 515
NOT RATED29. In fiscal year 2011, Starbucks Corporation (SBUX) had revenue of $11.70 billion, gross profit of $6.75 billion, and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 …
6 years agoFIN 515 Managerial Finance
NOT RATED29. In fiscal year 2011, Starbucks Corporation (SBUX) had revenue of $11.70 billion, gross profit of $6.75 billion, and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 …
7 years agoFIN 515 Managerial Finance /
NOT RATEDFIN 515 Managerial Finance
In fiscal year 2011, Starbucks Corporation (SBUX) had revenue of $11.70 billion, gross profit of $6.75 billion, and net income of $1.25 billion. Peet’s Coffee and Tea …
5 years ago
