Below is the company data for Apple Inc, currently being traded on the US markets....
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Finance
Below is the company data for Apple Inc, currently being traded on the US markets. The measures are stated om millions of USD currency.
Cash & marketable securities $165
Fixed assets $286
Net sales $1320
Earnings Before Interests and Taxes (EBIT) $143
Net Earnings After Taxes (NEAT ) $ 66
Quick Ratio ((CA-Inventory)/CL) 2.1 to 1
Current Ratio (CA/CL) 3.4 to 1
Average Collection Period (ACP) 45.60 days
Return on Equity (ROE, NEAT/Net Common Equity) 13%
Tax rate 25%
For Apples Liabilities & Equity side, they only report common equity, debt and current operating liabilities.
Based on the detailed information above, find the following calculations;
(1) Accounts Receivables, (2) Current Operating Liabilities, (3) Current Assets, (4) Total Assets, (5) Net Common Equity,and (6) Debt.
With the increase in online commerce, assume Apple has decreased its ACP by 15.60 days (i.e., totaling 30 days) while holding all other variables constant, how much cash could they generate?
What is Apples ROIC (post-tax) ?
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